Steward Partners Investment Advisory LLC Purchases 204,583 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Steward Partners Investment Advisory LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 108.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 393,876 shares of the company’s stock after purchasing an additional 204,583 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $23,581,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. TFG Advisers LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 3.9% during the second quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after acquiring an additional 168 shares during the last quarter. 360 Financial Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% during the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after purchasing an additional 190 shares in the last quarter. Centerpoint Advisory Group boosted its position in shares of First Trust Enhanced Short Maturity ETF by 2.1% during the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after purchasing an additional 270 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock valued at $1,519,000 after buying an additional 273 shares during the period. Finally, Southland Equity Partners LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 6.9% in the second quarter. Southland Equity Partners LLC now owns 4,552 shares of the company’s stock valued at $273,000 after buying an additional 295 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $60.06 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.14. The company’s 50-day moving average is $60.02 and its 200-day moving average is $59.97.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Friday, October 31st were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.