Thrivent Financial for Lutherans Purchases Shares of 10,628 First Trust Enhanced Short Maturity ETF $FTSM

Thrivent Financial for Lutherans acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,628 shares of the company’s stock, valued at approximately $637,000.

Several other institutional investors have also recently made changes to their positions in FTSM. Paragon Advisors LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $63,815,000. Csenge Advisory Group grew its position in First Trust Enhanced Short Maturity ETF by 32.3% during the second quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock valued at $93,678,000 after buying an additional 382,650 shares during the period. Summit Financial Wealth Advisors LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at $20,026,000. First Trust Advisors LP increased its holdings 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 buying an additional 261,933 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 108.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock worth $23,581,000 after acquiring an additional 204,583 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $60.03 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.73 and a 52 week high of $60.14. The stock’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 firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders 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) annualized dividend and a 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.