Advisor OS LLC Purchases 13,001 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Advisor OS LLC boosted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 20.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 77,127 shares of the company’s stock after purchasing an additional 13,001 shares during the period. Advisor OS LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in FTSM. First Trust Advisors LP lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 821.2% during the 4th quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock valued at $103,272,000 after buying an additional 1,543,108 shares in the last quarter. Cetera Investment Advisers grew its holdings in First Trust Enhanced Short Maturity ETF by 453.9% during the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after buying an additional 1,321,695 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after buying an additional 56,415 shares in the last quarter. Raymond James & Associates grew its stake in First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after acquiring an additional 192,229 shares in the last quarter. Finally, Csenge Advisory Group increased its holdings in First Trust Enhanced Short Maturity ETF by 5.2% during the 2nd quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock worth $66,029,000 after acquiring an additional 54,665 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.95 on Friday. The firm has a fifty day moving average price of $59.84 and a two-hundred day moving average price of $59.76. First Trust Enhanced Short Maturity ETF has a one year low of $59.41 and a one year high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were given a dividend of $0.247 per share. This represents a $2.96 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend was Friday, August 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.