Private Trust Co. NA Acquires 869 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Private Trust Co. NA increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,969 shares of the company’s stock after purchasing an additional 869 shares during the period. Private Trust Co. NA’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,030,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. TFG Advisers LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.1% during the 4th quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock valued at $254,000 after purchasing an additional 208 shares in the last quarter. World Equity Group Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.0% during the 4th quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock valued at $813,000 after purchasing an additional 271 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock valued at $475,000 after purchasing an additional 293 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 8.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after purchasing an additional 339 shares in the last quarter. Finally, Beacon Financial Advisory LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 3rd quarter. Beacon Financial Advisory LLC now owns 35,774 shares of the company’s stock valued at $2,142,000 after purchasing an additional 433 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $60.01 on Friday. The stock’s 50 day moving average price is $59.88 and its two-hundred day moving average price 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 company also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a $0.226 dividend. This represents a $2.71 annualized dividend and a yield of 4.52%. The ex-dividend date was Friday, January 31st.

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.