Shelton Wealth Management LLC Boosts Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Shelton Wealth Management LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,240 shares of the company’s stock after purchasing an additional 20,479 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 7.0% of Shelton Wealth Management LLC’s portfolio, making the stock its largest holding. Shelton Wealth Management LLC owned approximately 0.22% of First Trust Enhanced Short Maturity ETF worth $13,463,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FTSM. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its stake in First Trust Enhanced Short Maturity ETF by 22.1% in the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 19,538 shares of the company’s stock valued at $1,168,000 after buying an additional 3,536 shares in the last quarter. Lake Street Private Wealth LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.5% during the fourth quarter. Lake Street Private Wealth LLC now owns 216,574 shares of the company’s stock worth $12,945,000 after buying an additional 9,321 shares in the last quarter. TrueWealth Advisors LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 78.6% in the 4th quarter. TrueWealth Advisors LLC now owns 13,141 shares of the company’s stock valued at $785,000 after acquiring an additional 5,782 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 59.2% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 31,468 shares of the company’s stock worth $1,881,000 after purchasing an additional 11,703 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 58.0% in the 4th quarter. Park Avenue Securities LLC now owns 8,806 shares of the company’s stock valued at $526,000 after buying an additional 3,233 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Friday. The company’s fifty day moving average is $59.87 and its 200 day moving average is $59.89. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a dividend of $0.233 per share. The ex-dividend date was Friday, December 27th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.