Luken Investment Analytics LLC Buys 185,727 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Luken Investment Analytics LLC grew its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 919.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 205,925 shares of the company’s stock after purchasing an additional 185,727 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up approximately 5.4% of Luken Investment Analytics LLC’s holdings, making the stock its 7th biggest holding. Luken Investment Analytics LLC owned about 0.20% of First Trust Enhanced Short Maturity ETF worth $12,329,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Anderson Financial Strategies LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $45,000. Salomon & Ludwin LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $60,000. SVB Wealth LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $132,000. Flaharty Asset Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $148,000. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth about $200,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

FTSM opened at $59.97 on Monday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.11. The company’s 50-day moving average price is $60.00 and its 200 day moving average price is $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a dividend of $0.213 per share. The ex-dividend date was Tuesday, September 30th. This represents a c) annualized dividend and a yield of 4.3%.

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.