67,700 Shares in First Trust Enhanced Short Maturity ETF $FTSM Purchased by Plus Group Wealth Advisors LLC

Plus Group Wealth Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 67,700 shares of the company’s stock, valued at approximately $4,057,000. First Trust Enhanced Short Maturity ETF accounts for 4.5% of Plus Group Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTSM. Northwestern Mutual Wealth Management Co. raised its position in First Trust Enhanced Short Maturity ETF by 1,953.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock worth $226,830,000 after purchasing an additional 3,600,586 shares during the period. GDS Wealth Management grew its stake in First Trust Enhanced Short Maturity ETF by 105.2% in the 4th quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock worth $51,485,000 after acquiring an additional 440,329 shares in the last quarter. Kaydan Wealth Management Inc. grew its stake in First Trust Enhanced Short Maturity ETF by 651.8% in the 4th quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock worth $24,900,000 after acquiring an additional 360,223 shares in the last quarter. Csenge Advisory Group grew its stake in First Trust Enhanced Short Maturity ETF by 18.8% in the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after acquiring an additional 294,703 shares in the last quarter. Finally, Triad Wealth Partners LLC grew its stake in First Trust Enhanced Short Maturity ETF by 674.4% in the 4th quarter. Triad Wealth Partners LLC now owns 291,939 shares of the company’s stock worth $17,496,000 after acquiring an additional 254,240 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.87 on Friday. The company’s 50-day simple moving average is $59.88 and its two-hundred day simple moving average is $59.96. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 30th were paid a $0.201 dividend. The ex-dividend date was Thursday, April 30th.

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.