Opinicus Capital Inc. Increases Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Opinicus Capital Inc. lifted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 85.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,003 shares of the company’s stock after acquiring an additional 31,365 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 2.9% of Opinicus Capital Inc.’s holdings, making the stock its 9th biggest position. Opinicus Capital Inc. owned approximately 0.06% of First Trust Enhanced Short Maturity ETF worth $4,065,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of FTSM. Newbridge Financial Services Group Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at $42,000. Blair William & Co. IL boosted its position in First Trust Enhanced Short Maturity ETF by 195.9% during the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after acquiring an additional 482 shares during the period. Blue Trust Inc. purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $46,000. Finally, Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $55,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of FTSM stock opened at $59.81 on Wednesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.72 and a fifty-two week high of $60.14. The stock’s 50-day moving average is $59.84 and its two-hundred day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

About First Trust Enhanced Short Maturity ETF

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.