Legacy Capital Wealth Partners LLC Invests $200,000 in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Legacy Capital Wealth Partners LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,344 shares of the company’s stock, valued at approximately $200,000.

A number of other large investors have also modified their holdings of FTSM. Transcendent Capital Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 14.8% in the third quarter. Transcendent Capital Group LLC now owns 92,299 shares of the company’s stock valued at $5,526,000 after purchasing an additional 11,879 shares during the period. Mach 1 Financial Group LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $203,000. Objective Capital Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $635,000. Holistic Planning LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $874,000. Finally, Beacon Financial Advisory LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.2% in the third quarter. Beacon Financial Advisory LLC now owns 35,774 shares of the company’s stock valued at $2,142,000 after purchasing an additional 433 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.84 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The firm has a 50-day moving average price of $59.95 and a 200 day moving average price of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.241 per share. The ex-dividend date of this dividend was Thursday, October 31st.

First Trust Enhanced Short Maturity ETF Company 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.