Woodmont Investment Counsel LLC Takes $529,000 Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Woodmont Investment Counsel LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,845 shares of the company’s stock, valued at approximately $529,000.

Several other institutional investors have also bought and sold shares of the business. WR Wealth Planners LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 1.7% during the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock valued at $756,000 after buying an additional 207 shares in the last quarter. TFG Advisers LLC increased its stake in First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock worth $254,000 after acquiring an additional 208 shares during the last quarter. World Equity Group Inc. raised its position in First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock valued at $813,000 after purchasing an additional 271 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after purchasing an additional 339 shares during the last quarter. Finally, Client First Investment Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 11.4% during the 4th quarter. Client First Investment Management LLC now owns 4,874 shares of the company’s stock valued at $291,000 after purchasing an additional 498 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.97 on Tuesday. The stock’s fifty day moving average is $59.90 and its 200 day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were issued a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

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.