Client First Investment Management LLC Buys 498 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Client First Investment Management LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,874 shares of the company’s stock after purchasing an additional 498 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 0.2% of Client First Investment Management LLC’s portfolio, making the stock its 23rd largest holding. Client First Investment Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 52.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 63,089 shares of the company’s stock valued at $3,771,000 after acquiring an additional 21,682 shares during the period. Shelton Wealth Management LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 10.0% during the 4th quarter. Shelton Wealth Management LLC now owns 225,240 shares of the company’s stock worth $13,463,000 after purchasing an additional 20,479 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its stake in First Trust Enhanced Short Maturity ETF by 22.1% during the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 19,538 shares of the company’s stock valued at $1,168,000 after purchasing an additional 3,536 shares during the period. Lake Street Private Wealth LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 4.5% in the 4th quarter. Lake Street Private Wealth LLC now owns 216,574 shares of the company’s stock valued at $12,945,000 after buying an additional 9,321 shares during the last quarter. Finally, TrueWealth Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 78.6% in the 4th quarter. TrueWealth Advisors LLC now owns 13,141 shares of the company’s stock worth $785,000 after buying an additional 5,782 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.91 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The business has a 50 day moving average of $59.87 and a 200-day moving average of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.