Claris Financial LLC Purchases New Stake in First Trust Enhanced Short Maturity ETF $FTSM

Claris Financial LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, Holdings Channel reports. The firm purchased 51,617 shares of the company’s stock, valued at approximately $3,093,000. First Trust Enhanced Short Maturity ETF accounts for approximately 1.6% of Claris Financial LLC’s holdings, making the stock its 11th largest holding.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after acquiring an additional 2,966 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth about $905,000. Jane Street Group LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $3,843,000. Bank of America Corp DE lifted its position in First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock valued at $149,744,000 after acquiring an additional 110,033 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in First Trust Enhanced Short Maturity ETF by 6.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 43,630 shares of the company’s stock valued at $2,612,000 after purchasing an additional 2,780 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.87 on Friday. The stock has a 50 day moving average price of $59.87 and a two-hundred day moving average price of $59.93. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.74 and a 52 week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were issued a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, May 29th.

First Trust Enhanced Short Maturity ETF 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.