First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 340.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,283 shares of the company’s stock after purchasing an additional 31,131 shares during the period. Global Retirement Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $91,000. Centaurus Financial Inc. increased its position 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 worth $151,000 after purchasing an additional 527 shares during the period. Global Trust Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $159,000. Farmers & Merchants Investments Inc. acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $177,000. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $200,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.92 on Friday. The stock’s 50 day simple moving average is $59.87 and its 200 day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were issued a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

About First Trust Enhanced Short Maturity ETF

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.