Ameritas Advisory Services LLC Raises Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Ameritas Advisory Services LLC lifted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 52.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 63,089 shares of the company’s stock after acquiring an additional 21,682 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Cambridge Advisors Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1.0% in the third quarter. Cambridge Advisors Inc. now owns 17,034 shares of the company’s stock worth $1,020,000 after buying an additional 173 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock worth $475,000 after buying an additional 293 shares during the last quarter. Towerpoint Wealth LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 0.4% in the third quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock worth $4,520,000 after buying an additional 329 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after buying an additional 339 shares during the last quarter. Finally, SeaCrest Wealth Management LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1.8% in the third quarter. SeaCrest Wealth Management LLC now owns 19,593 shares of the company’s stock worth $1,173,000 after buying an additional 354 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.91 on Monday. The stock’s 50-day moving average price is $59.87 and its 200-day moving average price is $59.89. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a dividend of $0.233 per share. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.