First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC lifted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 236,724 shares of the company’s stock after buying an additional 10,904 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for about 1.8% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 9th biggest holding. Lake Street Private Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $14,182,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. McGuire Investment Group LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 10.2% during the third quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock valued at $8,093,000 after buying an additional 12,466 shares in the last quarter. Synergy Asset Management LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 184.2% during the 3rd quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock valued at $9,032,000 after acquiring an additional 97,749 shares during the last quarter. Csenge Advisory Group raised its stake in shares of First Trust Enhanced Short Maturity ETF by 18.8% in the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock valued at $111,506,000 after acquiring an additional 294,703 shares in the last quarter. PKS Advisory Services LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 117.8% in the 2nd quarter. PKS Advisory Services LLC now owns 10,379 shares of the company’s stock worth $621,000 after purchasing an additional 5,613 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings 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 purchasing an additional 204,583 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of FTSM stock opened at $60.07 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.73 and a 12 month high of $60.14. The business’s 50 day moving average is $60.01 and its two-hundred day moving average is $60.01.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced 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 boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

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.