Onyx Bridge Wealth Group LLC Boosts Position in First Trust Enhanced Short Maturity ETF $FTSM

Onyx Bridge Wealth Group LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 33.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,702 shares of the company’s stock after purchasing an additional 1,185 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of FTSM. Anderson Financial Strategies LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $45,000. Salomon & Ludwin LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $60,000. SVB Wealth LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $132,000. Flaharty Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $148,000. Finally, Legacy Capital Wealth Partners LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $60.10 on Thursday. The firm has a 50 day moving average of $60.02 and a two-hundred day moving average of $59.95. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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