Balefire LLC Increases Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Balefire LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 36.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 36,127 shares of the company’s stock after acquiring an additional 9,585 shares during the period. Balefire LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,165,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kaydan Wealth Management Inc. boosted its position in First Trust Enhanced Short Maturity ETF by 651.8% in the 4th quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock valued at $24,900,000 after buying an additional 360,223 shares during the last quarter. Daymark Wealth Partners LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 46.5% during the fourth quarter. Daymark Wealth Partners LLC now owns 114,734 shares of the company’s stock worth $6,876,000 after acquiring an additional 36,411 shares during the last quarter. PMV Capital Advisers LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the fourth quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after acquiring an additional 200 shares in the last quarter. Dagco Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $699,000. Finally, Gradient Investments LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 3.7% in the fourth quarter. Gradient Investments LLC now owns 628,139 shares of the company’s stock valued at $37,644,000 after purchasing an additional 22,373 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.90 on Wednesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14. The business has a 50 day moving average price of $59.98 and a two-hundred day moving average price of $60.00.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Friday, February 27th were paid a dividend of $0.191 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, February 27th.

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.