HighTower Advisors LLC Acquires 23,132 Shares of First Trust Enhanced Short Maturity ETF $FTSM

HighTower Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,880 shares of the company’s stock after acquiring an additional 23,132 shares during the quarter. HighTower Advisors LLC owned about 0.28% of First Trust Enhanced Short Maturity ETF worth $17,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of FTSM. 360 Financial Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 0.7% in the second quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock worth $1,700,000 after purchasing an additional 190 shares during the period. Global Retirement Partners LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 3.1% in the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after purchasing an additional 202 shares in the last quarter. Brookstone Capital Management grew its stake in shares of First Trust Enhanced Short Maturity ETF by 5.6% in the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock worth $276,000 after buying an additional 244 shares during the last quarter. Centerpoint Advisory Group increased its position in First Trust Enhanced Short Maturity ETF by 2.1% during the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after buying an additional 270 shares in the last quarter. Finally, Madden Advisory Services Inc. increased its position in First Trust Enhanced Short Maturity ETF by 2.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 11,809 shares of the company’s stock valued at $707,000 after buying an additional 332 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of NASDAQ:FTSM opened at $60.04 on Friday. The stock has a fifty day simple moving average of $60.01 and a two-hundred day simple moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.73 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were paid a $0.205 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, January 30th. This is a positive change 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.