ZEGA Investments LLC Purchases Shares of 43,627 First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

ZEGA Investments 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 and Exchange Commission (SEC). The fund purchased 43,627 shares of the company’s stock, valued at approximately $2,615,000. First Trust Enhanced Short Maturity ETF comprises approximately 0.6% of ZEGA Investments LLC’s holdings, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Marshall Investment Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $33,000. US Bancorp DE raised its holdings in 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 worth $70,000 after purchasing an additional 873 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $91,000. Centaurus Financial Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 26.4% during the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after purchasing an additional 527 shares in the last quarter. Finally, Global Trust Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $159,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.99 on Friday. The business has a fifty day simple moving average of $59.90 and a 200-day simple moving average of $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 firm also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were issued a $0.203 dividend. The ex-dividend date 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.