First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Purchased by United Capital Management of KS Inc.

United Capital Management of KS Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,886 shares of the company’s stock after acquiring an additional 1,023 shares during the period. United Capital Management of KS Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $531,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $154,932,000. Stifel Financial Corp increased its stake in First Trust Enhanced Short Maturity ETF by 11.3% in the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in First Trust Enhanced Short Maturity ETF by 19.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 727,414 shares of the company’s stock worth $43,478,000 after purchasing an additional 119,757 shares in the last quarter. Truist Financial Corp increased its stake in First Trust Enhanced Short Maturity ETF by 67.9% in the 4th quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock worth $30,923,000 after purchasing an additional 209,257 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in First Trust Enhanced Short Maturity ETF by 56.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after purchasing an additional 182,844 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.91 on Friday. The business’s 50-day moving average price is $59.88 and its 200 day moving average price 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 business also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were paid a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

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.