Truist Financial Corp Buys 27,997 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Truist Financial Corp lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 564,814 shares of the company’s stock after purchasing an additional 27,997 shares during the quarter. Truist Financial Corp owned 0.55% of First Trust Enhanced Short Maturity ETF worth $33,838,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FTSM. Paragon Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $63,815,000. Csenge Advisory Group raised its position in shares of First Trust Enhanced Short Maturity ETF by 32.3% in the second quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock worth $93,678,000 after buying an additional 382,650 shares in the last quarter. Summit Financial Wealth Advisors LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at $20,026,000. First Trust Advisors LP grew its position in First Trust Enhanced Short Maturity ETF by 22.2% during the second quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock worth $86,386,000 after buying an additional 261,933 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in First Trust Enhanced Short Maturity ETF by 108.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock worth $23,581,000 after acquiring an additional 204,583 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

NASDAQ:FTSM opened at $60.12 on Friday. The business’s 50-day moving average price is $60.00 and its two-hundred day moving average price is $60.00. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th will be given a dividend of $0.205 per share. The ex-dividend date is Friday, January 30th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.1%.

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.