NWF Advisory Services Inc. Invests $2.52 Million in First Trust Enhanced Short Maturity ETF $FTSM

NWF Advisory Services Inc. bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 42,198 shares of the company’s stock, valued at approximately $2,523,000.

A number of other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after buying an additional 3,600,586 shares during the period. BDFS Capital LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $63,291,000. Wells Fargo & Company MN grew its holdings in First Trust Enhanced Short Maturity ETF by 11.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after acquiring an additional 876,866 shares in the last quarter. GDS Wealth Management grew its holdings in First Trust Enhanced Short Maturity ETF by 105.2% during the 4th quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock worth $51,485,000 after acquiring an additional 440,329 shares in the last quarter. Finally, Kaydan Wealth Management Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 651.8% during the 4th quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock worth $24,900,000 after acquiring an additional 360,223 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.78 on Tuesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.72 and a one year high of $60.14. The company’s 50-day simple moving average is $59.84 and its two-hundred day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.203 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, June 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.