First Trust Enhanced Short Maturity ETF $FTSM is Lake Street Private Wealth LLC’s 9th Largest Position

Lake Street Private Wealth LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,724 shares of the company’s stock after buying an additional 10,904 shares during the period. First Trust Enhanced Short Maturity ETF comprises approximately 1.8% of Lake Street Private Wealth LLC’s portfolio, making the stock its 9th biggest position. Lake Street Private Wealth LLC owned about 0.23% of First Trust Enhanced Short Maturity ETF worth $14,182,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FTSM. GGM Financials LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $8,565,000. Daymark Wealth Partners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 10.3% in the second quarter. Daymark Wealth Partners LLC now owns 94,498 shares of the company’s stock worth $5,658,000 after purchasing an additional 8,824 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of First Trust Enhanced Short Maturity ETF by 51.0% in the second quarter. Arkadios Wealth Advisors now owns 48,242 shares of the company’s stock worth $2,888,000 after purchasing an additional 16,292 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.6% during the second quarter. HBK Sorce Advisory LLC now owns 285,361 shares of the company’s stock worth $17,085,000 after purchasing an additional 1,796 shares during the period. Finally, Assetmark Inc. grew its position in First Trust Enhanced Short Maturity ETF by 13.8% during the second quarter. Assetmark Inc. now owns 29,115 shares of the company’s stock valued at $1,743,000 after purchasing an additional 3,533 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

First Trust Enhanced Short Maturity ETF stock opened at $60.07 on Tuesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14. The firm’s 50 day moving average price is $60.01 and its two-hundred day moving average price is $60.01.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were issued a dividend of $0.205 per share. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, January 30th.

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.