Synovus Financial Corp Has $4.36 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Synovus Financial Corp increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,748 shares of the company’s stock after acquiring an additional 11,522 shares during the quarter. Synovus Financial Corp owned about 0.07% of First Trust Enhanced Short Maturity ETF worth $4,355,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after purchasing an additional 530,475 shares during the last quarter. GDS Wealth Management increased its position in First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after buying an additional 989,192 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after buying an additional 56,415 shares during the last quarter. Raymond James & Associates boosted its position in shares of First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after acquiring an additional 192,229 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the third quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after acquiring an additional 84,918 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.89 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The company has a fifty day moving average price of $59.90 and a 200 day moving average price of $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 29th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, November 29th.

First Trust Enhanced Short Maturity ETF 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.