First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Position Boosted by United Capital Management of KS Inc.

United Capital Management of KS Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.0% during the 4th quarter, HoldingsChannel reports. The fund owned 8,886 shares of the company’s stock after purchasing an additional 1,023 shares during the period. United Capital Management of KS Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $531,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after buying an additional 206,449 shares during the last quarter. Guided Capital Wealth Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $6,920,000. Blackhawk Capital Partners LLC. bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $1,926,000. Assetmark Inc. increased its position in First Trust Enhanced Short Maturity ETF by 71.5% in the 4th quarter. Assetmark Inc. now owns 25,210 shares of the company’s stock worth $1,507,000 after buying an additional 10,508 shares during the period. Finally, Sunbelt Securities Inc. increased its position in First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd 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 period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.91 on Friday. The business’s 50 day moving average is $59.88 and its two-hundred day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were given a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

About First Trust Enhanced Short Maturity ETF

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.