Stewardship Concepts Financial Services LLC Acquires Shares of 56,574 First Trust Enhanced Short Maturity ETF $FTSM

Stewardship Concepts Financial Services LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 56,574 shares of the company’s stock, valued at approximately $3,390,000. First Trust Enhanced Short Maturity ETF comprises approximately 2.9% of Stewardship Concepts Financial Services LLC’s investment portfolio, making the stock its 13th largest position.

Other large investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares during the last quarter. CX Institutional bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $35,000. Blue Trust Inc. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $46,000. SouthState Bank Corp acquired a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $48,000. Finally, Kelleher Financial Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.73 and a 12-month high of $60.14. The business’s 50-day moving average price is $59.95 and its two-hundred day moving average price is $59.99.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were paid a $0.208 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, March 31st. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19.

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.