First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 134.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 360,020 shares of the company’s stock after purchasing an additional 206,616 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 0.8% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Gateway Wealth Partners LLC owned about 0.34% of First Trust Enhanced Short Maturity ETF worth $21,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 148,300.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after purchasing an additional 2,966 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the second quarter worth about $905,000. Jane Street Group LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $3,843,000. Bank of America Corp DE boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock valued at $149,744,000 after acquiring an additional 110,033 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 6.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 43,630 shares of the company’s stock worth $2,612,000 after purchasing an additional 2,780 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.85 on Monday. The business’s fifty day moving average is $59.84 and its two-hundred day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.72 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 30th were issued 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.