First Trust Enhanced Short Maturity ETF $FTSM Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1,326.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,335 shares of the company’s stock after purchasing an additional 75,635 shares during the quarter. AE Wealth Management LLC owned 0.08% of First Trust Enhanced Short Maturity ETF worth $4,873,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. grew its stake 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 worth $27,000 after purchasing an additional 423 shares during the period. CX Institutional purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth $35,000. Root Financial Partners LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at $113,000. EverSource Wealth Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 148,300.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after buying an additional 2,966 shares in the last quarter. Finally, Encompass Wealth Advisors LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.93 on Friday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14. The company’s 50-day simple moving average is $60.00 and its 200-day simple moving average is $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.