AE Wealth Management LLC Raises Stake in First Trust Enhanced Short Maturity ETF $FTSM

AE Wealth Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1,326.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,335 shares of the company’s stock after purchasing an additional 75,635 shares during the period. AE Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,873,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. 360 Financial Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% during the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after buying an additional 190 shares during the period. Global Retirement Partners LLC raised its position in First Trust Enhanced Short Maturity ETF by 3.1% in the third quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock valued at $405,000 after purchasing an additional 202 shares during the period. Brookstone Capital Management raised its position in First Trust Enhanced Short Maturity ETF by 5.6% in the third quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after purchasing an additional 244 shares during the period. Centerpoint Advisory Group lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.1% in the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after purchasing an additional 270 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock worth $1,519,000 after purchasing an additional 273 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of FTSM opened at $59.93 on Friday. The firm has a 50-day simple moving average of $60.00 and a two-hundred day simple moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

First Trust Enhanced Short Maturity ETF Company 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.