First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 62.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 145,111 shares of the company’s stock after buying an additional 55,526 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.14% of First Trust Enhanced Short Maturity ETF worth $8,694,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paragon Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $63,815,000. Csenge Advisory Group boosted its stake in First Trust Enhanced Short Maturity ETF by 32.3% during the 2nd quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock worth $93,678,000 after purchasing an additional 382,650 shares during the period. Summit Financial Wealth Advisors LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $20,026,000. First Trust Advisors LP increased its stake in First Trust Enhanced Short Maturity ETF by 22.2% in the second quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock valued at $86,386,000 after purchasing an additional 261,933 shares during the period. Finally, Titleist Asset Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $12,745,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.98 on Thursday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14. The business’s 50-day moving average price is $60.00 and its 200 day moving average price is $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

About First Trust Enhanced Short Maturity ETF

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.