KKM Financial LLC Buys 7,419 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

KKM Financial LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 64.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,960 shares of the company’s stock after purchasing an additional 7,419 shares during the period. KKM Financial LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,135,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in First Trust Enhanced Short Maturity ETF by 6.6% in the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after purchasing an additional 530,475 shares during the last quarter. Cetera Investment Advisers grew its position in First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after buying an additional 1,321,695 shares during the period. GDS Wealth Management grew its position in First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after buying an additional 989,192 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after buying an additional 56,415 shares during the last quarter. Finally, Raymond James & Associates raised its position in First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock worth $68,362,000 after acquiring an additional 192,229 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.93 on Friday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The firm has a fifty day moving average price of $59.95 and a 200-day moving average price of $59.85.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date was Thursday, October 31st.

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.