Kestra Private Wealth Services LLC Acquires 3,488 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Kestra Private Wealth Services LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,810 shares of the company’s stock after purchasing an additional 3,488 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,504,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FTSM. GDS Wealth Management grew its stake in First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd 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 in the last quarter. Stifel Financial Corp boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the third quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after acquiring an additional 84,918 shares during the period. Kingsview Wealth Management LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 56.7% in the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after purchasing an additional 182,844 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 8.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 442,971 shares of the company’s stock valued at $26,476,000 after purchasing an additional 33,344 shares during the period. Finally, TCP Asset Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $18,798,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.81 on Monday. The business has a 50-day simple moving average of $59.86 and a two-hundred day simple moving average of $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 disclosed a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were paid a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a yield of 4.53%.

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.