Authentikos Wealth Advisory LLC Boosts Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Authentikos Wealth Advisory LLC lifted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 49.3% in the third quarter, Holdings Channel.com reports. The fund owned 35,090 shares of the company’s stock after purchasing an additional 11,587 shares during the period. First Trust Enhanced Short Maturity ETF makes up approximately 1.4% of Authentikos Wealth Advisory LLC’s portfolio, making the stock its 27th biggest position. Authentikos Wealth Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,102,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares in the last quarter. CX Institutional purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $35,000. SouthState Bank Corp bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at about $48,000. Root Financial Partners LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth about $113,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after buying an additional 2,966 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.99 on Friday. The company has a 50 day moving average of $59.99 and a 200 day moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.73 and a 12 month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.