Blackhawk Capital Partners LLC. Invests $1.93 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Blackhawk Capital Partners LLC. bought a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 32,224 shares of the company’s stock, valued at approximately $1,926,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Marshall Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $33,000. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $91,000. Centaurus Financial Inc. grew its stake in First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after purchasing an additional 527 shares in the last quarter. Global Trust Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $159,000. Finally, Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $177,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.97 on Tuesday. The business’s 50-day simple moving average is $59.87 and its 200-day simple moving average is $59.91. 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 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 paid a $0.226 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a dividend yield of 4.52%.

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.