Gladstone Institutional Advisory LLC Acquires 37,161 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Gladstone Institutional Advisory LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 23.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,029 shares of the company’s stock after acquiring an additional 37,161 shares during the period. Gladstone Institutional Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $11,657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSM. Keystone Wealth Services LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 12.9% in the third quarter. Keystone Wealth Services LLC now owns 30,684 shares of the company’s stock worth $1,837,000 after buying an additional 3,496 shares in the last quarter. Tsfg LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $36,000. SeaCrest Wealth Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1.8% in the third quarter. SeaCrest Wealth Management LLC now owns 19,593 shares of the company’s stock worth $1,173,000 after purchasing an additional 354 shares during the last quarter. Good Life Advisors LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.5% during the third quarter. Good Life Advisors LLC now owns 44,400 shares of the company’s stock valued at $2,658,000 after purchasing an additional 643 shares in the last quarter. Finally, Secure Asset Management LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 4.3% in the 3rd quarter. Secure Asset Management LLC now owns 65,595 shares of the company’s stock worth $3,927,000 after buying an additional 2,700 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.83 on Wednesday. The firm has a 50 day moving average price of $59.86 and a 200-day moving average price of $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were paid a $0.226 dividend. This represents a $2.71 annualized dividend and a dividend yield of 4.53%. The ex-dividend date was Friday, January 31st.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.