Opinicus Capital Inc. Acquires 31,365 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Opinicus Capital Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 85.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 68,003 shares of the company’s stock after acquiring an additional 31,365 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 2.9% of Opinicus Capital Inc.’s portfolio, making the stock its 9th biggest holding. Opinicus Capital Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in FTSM. PMV Capital Advisers LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after acquiring an additional 200 shares in the last quarter. Evolution Wealth Management Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 6.4% in the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock valued at $206,000 after acquiring an additional 209 shares in the last quarter. Proactive Wealth Strategies LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 0.5% in the 4th quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after acquiring an additional 318 shares in the last quarter. Principal Securities Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock worth $1,885,000 after purchasing an additional 346 shares during the last quarter. Finally, Del Sette Capital Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 9.1% in the 1st quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock worth $256,000 after purchasing an additional 357 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Wednesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.72 and a 12-month high of $60.14. The stock has a 50 day moving average price of $59.84 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were paid a $0.203 dividend. The ex-dividend date was Tuesday, June 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.