First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Hits New 52-Week Low – Here’s Why

Posted by Amy Steele on Jun 30th, 2026

Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $59.72 and last traded at $59.72, with a volume of 2111 shares. The stock had previously closed at $59.94.

First Trust Enhanced Short Maturity ETF Stock Performance

The company’s 50 day moving average is $59.87 and its 200 day moving average is $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

Institutional Investors Weigh In On First Trust Enhanced Short Maturity ETF

Several hedge funds have recently made changes to their positions in FTSM. Newbridge Financial Services Group Inc. grew its position in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares in the last quarter. Anchor Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the first quarter valued at about $42,000. Blair William & Co. IL raised its holdings in First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after acquiring an additional 482 shares in the last quarter. Blue Trust Inc. acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $46,000. Finally, Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $55,000.

First Trust Enhanced Short Maturity ETF Company Profile

(Get Free Report)

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.