First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by Bellevue Asset Management LLC

Bellevue Asset Management LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 51.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,713 shares of the company’s stock after acquiring an additional 20,216 shares during the period. First Trust Enhanced Short Maturity ETF makes up 1.6% of Bellevue Asset Management LLC’s holdings, making the stock its 13th largest position. Bellevue Asset Management LLC owned approximately 0.06% of First Trust Enhanced Short Maturity ETF worth $3,577,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealthcare Advisory Partners LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 71,000 shares of the company’s stock valued at $4,251,000 after purchasing an additional 2,213 shares during the period. Woodmont Investment Counsel LLC grew its position in First Trust Enhanced Short Maturity ETF by 11.6% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 11,807 shares of the company’s stock valued at $707,000 after buying an additional 1,231 shares in the last quarter. Luken Investment Analytics LLC increased its stake in First Trust Enhanced Short Maturity ETF by 919.5% during the 2nd quarter. Luken Investment Analytics LLC now owns 205,925 shares of the company’s stock valued at $12,329,000 after buying an additional 185,727 shares during the period. Prime Capital Investment Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 870.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 58,894 shares of the company’s stock valued at $3,526,000 after buying an additional 52,823 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $342,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of NASDAQ:FTSM opened at $59.95 on Tuesday. The company has a 50 day moving average of $60.00 and a 200-day moving average of $60.00. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th will be given a dividend of $0.205 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.