J.W. Cole Advisors Inc. Purchases 3,997 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

J.W. Cole Advisors Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,511 shares of the company’s stock after buying an additional 3,997 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,824,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FTSM. Cyndeo Wealth Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $354,000. Symphony Financial Ltd. Co. increased its holdings in First Trust Enhanced Short Maturity ETF by 2.8% in the third quarter. Symphony Financial Ltd. Co. now owns 14,550 shares of the company’s stock worth $875,000 after purchasing an additional 400 shares in the last quarter. Mainsail Financial Group LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 5.6% in the third quarter. Mainsail Financial Group LLC now owns 229,857 shares of the company’s stock valued at $13,766,000 after buying an additional 12,197 shares during the period. TFG Advisers LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $242,000. Finally, Lake Street Private Wealth LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 12.3% during the 3rd quarter. Lake Street Private Wealth LLC now owns 207,253 shares of the company’s stock worth $12,408,000 after buying an additional 22,719 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

NASDAQ:FTSM opened at $59.89 on Tuesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The company has a fifty day moving average of $59.86 and a 200-day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were issued a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a dividend yield of 4.53%.

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.