Level Four Advisory Services LLC Takes Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Level Four Advisory Services LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,456 shares of the company’s stock, valued at approximately $924,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Marshall Investment Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $33,000. US Bancorp DE increased its holdings in 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 last quarter. AdvisorNet Financial Inc purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $91,000. Global Trust Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth $159,000. Finally, City Center Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $210,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

FTSM stock opened at $60.03 on Monday. The business’s fifty day moving average price is $59.91 and its 200 day moving average price is $59.91. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month 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 paid a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

First Trust Enhanced Short Maturity ETF Company 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.