First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Purchased by World Equity Group Inc.

World Equity Group Inc. boosted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.0% in the 4th quarter, HoldingsChannel reports. The firm owned 13,606 shares of the company’s stock after purchasing an additional 271 shares during the period. World Equity Group Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $813,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Marshall Investment Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $33,000. Crumly & Associates Inc. acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $744,000. Fairway Financial LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $5,774,000. Concurrent Investment Advisors LLC raised its stake in First Trust Enhanced Short Maturity ETF by 5.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 15,267 shares of the company’s stock valued at $913,000 after purchasing an additional 775 shares during the last quarter. Finally, Advyzon Investment Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $1,684,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.96 on Monday. The firm has a 50-day moving average price of $59.87 and a 200 day moving average price of $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were paid a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date was Friday, January 31st.

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.