Lion Street Advisors LLC Acquires 6,787 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Lion Street Advisors LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 28.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,263 shares of the company’s stock after acquiring an additional 6,787 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 0.6% of Lion Street Advisors LLC’s portfolio, making the stock its 27th biggest holding. Lion Street Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,812,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 40.7% in the 4th quarter. Harbour Investments Inc. now owns 431,136 shares of the company’s stock worth $25,722,000 after purchasing an additional 124,661 shares during the period. Scarborough Advisors LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 25.4% in the fourth quarter. Scarborough Advisors LLC now owns 63,094 shares of the company’s stock worth $3,764,000 after buying an additional 12,780 shares in the last quarter. TKG Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 166.3% during the fourth quarter. TKG Advisors LLC now owns 77,813 shares of the company’s stock worth $4,642,000 after acquiring an additional 48,590 shares during the last quarter. Integrated Advisors Network LLC grew its stake in First Trust Enhanced Short Maturity ETF by 233.6% during the fourth quarter. Integrated Advisors Network LLC now owns 62,045 shares of the company’s stock valued at $3,702,000 after acquiring an additional 43,445 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $4,666,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of FTSM stock opened at $59.95 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.43 and a 12-month high of $60.16. The stock’s 50-day moving average price is $59.95 and its 200-day moving average price is $59.80.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were issued a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date of this dividend was Friday, August 30th.

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.