Stratos Wealth Advisors LLC Grows Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Stratos Wealth Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 35.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,656 shares of the company’s stock after acquiring an additional 24,319 shares during the quarter. Stratos Wealth Advisors LLC owned 0.09% of First Trust Enhanced Short Maturity ETF worth $5,611,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. 360 Financial Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% in the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock worth $1,700,000 after buying an additional 190 shares in the last quarter. Global Retirement Partners LLC raised its position in First Trust Enhanced Short Maturity ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after acquiring an additional 202 shares during the last quarter. Brookstone Capital Management raised its position in First Trust Enhanced Short Maturity ETF by 5.6% during the third quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock worth $276,000 after acquiring an additional 244 shares during the last quarter. Centerpoint Advisory Group lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.1% in the second quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after purchasing an additional 270 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock valued at $1,519,000 after purchasing an additional 273 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.99 on Wednesday. The firm has a 50 day simple moving average of $60.00 and a 200-day simple moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.73 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Friday, January 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.1%.

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.