Quad Cities Investment Group LLC Grows Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Quad Cities Investment Group LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,418 shares of the company’s stock after purchasing an additional 992 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 0.9% of Quad Cities Investment Group LLC’s holdings, making the stock its 28th biggest position. Quad Cities Investment Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,818,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 10.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 800,798 shares of the company’s stock valued at $47,728,000 after buying an additional 74,877 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 15.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 25,789 shares of the company’s stock worth $1,537,000 after purchasing an additional 3,523 shares in the last quarter. WealthPLAN Partners LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 3.1% during the 2nd quarter. WealthPLAN Partners LLC now owns 76,909 shares of the company’s stock worth $4,584,000 after purchasing an additional 2,289 shares during the period. GDS Wealth Management increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 211.0% in the 2nd quarter. GDS Wealth Management now owns 482,854 shares of the company’s stock valued at $28,778,000 after purchasing an additional 327,579 shares in the last quarter. Finally, Zega Financial LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $1,043,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.80 on Tuesday. The company’s 50-day moving average price is $59.86 and its 200 day moving average price is $59.89. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a $0.233 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.