Great Lakes Retirement Inc. Has $2.51 Million Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Great Lakes Retirement Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 41,723 shares of the company’s stock after buying an additional 4,095 shares during the period. Great Lakes Retirement Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,507,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. TFG Advisers LLC lifted its position in First Trust Enhanced Short Maturity ETF by 3.9% during the 2nd quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after buying an additional 168 shares in the last quarter. Fairway Financial LLC lifted its position in First Trust Enhanced Short Maturity ETF by 0.3% during the 1st quarter. Fairway Financial LLC now owns 96,857 shares of the company’s stock worth $5,796,000 after buying an additional 248 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in First Trust Enhanced Short Maturity ETF by 1.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock worth $1,519,000 after buying an additional 273 shares in the last quarter. Southland Equity Partners LLC lifted its position in First Trust Enhanced Short Maturity ETF by 6.9% during the 2nd quarter. Southland Equity Partners LLC now owns 4,552 shares of the company’s stock worth $273,000 after buying an additional 295 shares in the last quarter. Finally, Assetmark Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 1.5% during the 1st quarter. Assetmark Inc. now owns 25,582 shares of the company’s stock worth $1,531,000 after buying an additional 372 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of NASDAQ FTSM opened at $59.91 on Friday. The firm’s 50-day simple moving average is $60.03 and its 200 day simple moving average is $59.96. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, November 4th. Shareholders of record on Friday, October 31st will be given a dividend of $0.21 per share. The ex-dividend date is Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.