NewEdge Advisors LLC Grows Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

NewEdge Advisors LLC boosted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 355,145 shares of the company’s stock after acquiring an additional 22,340 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $21,213,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its stake in shares of 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 during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $905,000. Jane Street Group LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $3,843,000. Bank of America Corp DE raised 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 worth $149,744,000 after purchasing an additional 110,033 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of First Trust Enhanced Short Maturity ETF by 6.8% during the second 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 Stock Down 0.0%

Shares of NASDAQ FTSM opened at $59.70 on Friday. The stock has a fifty day moving average price of $59.81 and a 200 day moving average price of $59.86. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.67 and a 1-year high of $60.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Monday, August 31st were paid a $0.204 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, August 31st.

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.