BlueChip Wealth Advisors LLC Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

BlueChip Wealth Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 14.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,033 shares of the company’s stock after acquiring an additional 4,638 shares during the period. First Trust Enhanced Short Maturity ETF comprises 1.2% of BlueChip Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. BlueChip Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,154,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Marshall Investment Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $33,000. US Bancorp DE boosted its position in shares of First Trust Enhanced Short Maturity ETF by 298.0% in the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after purchasing an additional 873 shares during the period. AdvisorNet Financial Inc purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $91,000. Global Trust Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $159,000. Finally, City Center Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $210,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $60.03 on Friday. The business has a 50 day simple moving average of $59.91 and a 200-day simple moving average of $59.91. 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 disclosed a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were given a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.