First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by PKS Advisory Services LLC

PKS Advisory Services LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 117.8% in the second quarter, Holdings Channel.com reports. The fund owned 10,379 shares of the company’s stock after buying an additional 5,613 shares during the quarter. PKS Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $621,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Concorde Asset Management LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 1,243.9% during the 1st quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock worth $69,717,000 after purchasing an additional 1,078,906 shares during the period. Paragon Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth about $63,815,000. Raymond James Financial Inc. grew its position in First Trust Enhanced Short Maturity ETF by 23.2% during the first quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after buying an additional 600,198 shares during the period. Csenge Advisory Group increased its holdings in First Trust Enhanced Short Maturity ETF by 32.3% in the second quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock valued at $93,678,000 after buying an additional 382,650 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of First Trust Enhanced Short Maturity ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock valued at $157,833,000 after acquiring an additional 298,239 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

NASDAQ FTSM opened at $60.01 on Thursday. The business has a 50 day moving average price of $60.02 and a 200 day moving average price of $59.97. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Friday, October 31st were paid a $0.21 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, October 31st.

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.