1,269,925 Shares in First Trust Enhanced Short Maturity ETF $FTSM Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,269,925 shares of the company’s stock, valued at approximately $75,573,000. Commonwealth Equity Services LLC owned 1.11% of First Trust Enhanced Short Maturity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSM. Envestnet Asset Management Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock valued at $51,670,000 after purchasing an additional 37,830 shares during the last quarter. Gradient Investments LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 10.7% in the second quarter. Gradient Investments LLC now owns 733,976 shares of the company’s stock worth $43,840,000 after buying an additional 71,051 shares during the period. Tucker Asset Management LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.9% during the 3rd quarter. Tucker Asset Management LLC now owns 614,144 shares of the company’s stock valued at $36,548,000 after buying an additional 23,137 shares in the last quarter. Kirkwood Financial Services bought a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at approximately $26,070,000. Finally, One Way Holdings LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 101.9% in the third quarter. One Way Holdings LLC now owns 423,840 shares of the company’s stock worth $25,223,000 after buying an additional 213,956 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock traded up $0.01 during trading hours on Friday, reaching $59.66. The company had a trading volume of 1,137,552 shares, compared to its average volume of 845,870. The business has a fifty day moving average price of $59.67 and a 200-day moving average price of $59.83. First Trust Enhanced Short Maturity ETF has a one year low of $59.49 and a one year high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Friday, October 30th were issued a $0.2140 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. This represents a $2.57 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, October 30th.

First Trust Enhanced Short Maturity ETF 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.