Rahlfs Capital LLC Takes Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Rahlfs Capital LLC purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 5,076 shares of the company’s stock, valued at approximately $303,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $33,000. US Bancorp DE increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 298.0% during the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after acquiring an additional 873 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $91,000. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth $159,000. Finally, City Center Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $210,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.89 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The firm has a fifty day simple moving average of $59.91 and a two-hundred day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 31st were issued a $0.222 dividend. The ex-dividend date was Monday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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