ZEGA Investments LLC Invests $2.62 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

ZEGA Investments LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,627 shares of the company’s stock, valued at approximately $2,615,000. First Trust Enhanced Short Maturity ETF comprises approximately 0.6% of ZEGA Investments LLC’s portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of FTSM. WR Wealth Planners LLC grew its position in First Trust Enhanced Short Maturity ETF by 1.7% in the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after purchasing an additional 207 shares during the last quarter. TFG Advisers LLC grew its position in First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock worth $254,000 after buying an additional 208 shares in the last quarter. World Equity Group Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock valued at $813,000 after acquiring an additional 271 shares during the period. Sunbelt Securities Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after acquiring an additional 339 shares in the last quarter. Finally, Client First Investment Management LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.4% during the 4th quarter. Client First Investment Management LLC now owns 4,874 shares of the company’s stock worth $291,000 after purchasing an additional 498 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.99 on Friday. The stock’s 50 day simple moving average is $59.90 and its 200-day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were issued a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

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.