WealthPlan Investment Management LLC Acquires 7,687 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

WealthPlan Investment Management LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 91,142 shares of the company’s stock after purchasing an additional 7,687 shares during the period. WealthPlan Investment Management LLC owned about 0.09% of First Trust Enhanced Short Maturity ETF worth $5,448,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. GDS Wealth Management boosted its position in First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares during the last quarter. Stifel Financial Corp lifted its holdings in First Trust Enhanced Short Maturity ETF by 11.3% during the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after buying an additional 182,844 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 8.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 442,971 shares of the company’s stock worth $26,476,000 after purchasing an additional 33,344 shares during the period. Finally, TCP Asset Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $18,798,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

FTSM opened at $59.89 on Friday. The company has a 50-day simple moving average of $59.86 and a 200 day simple moving average of $59.90. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date was Friday, January 31st.

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.