Northwestern Mutual Wealth Management Co. Has $226.83 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Northwestern Mutual Wealth Management Co. increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 1,953.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,784,922 shares of the company’s stock after purchasing an additional 3,600,586 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Enhanced Short Maturity ETF were worth $226,830,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. grew its position in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares in the last quarter. Blue Trust Inc. acquired a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $46,000. SouthState Bank Corp acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $48,000. Kelleher Financial Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $55,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.74 and a twelve month high of $60.14. The business’s 50-day simple moving average is $59.88 and its 200 day simple moving average is $59.96.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, May 4th. Investors of record on Thursday, April 30th were given a dividend of $0.201 per share. The ex-dividend date of this dividend was Thursday, April 30th.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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