Thrivent Financial for Lutherans Purchases Shares of 10,628 First Trust Enhanced Short Maturity ETF $FTSM

Thrivent Financial for Lutherans acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,628 shares of the company’s stock, valued at approximately $637,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTSM. Bank of America Corp DE boosted its position in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock valued at $149,744,000 after buying an additional 110,033 shares during the last quarter. Csenge Advisory Group lifted its stake in First Trust Enhanced Short Maturity ETF by 18.8% during the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock valued at $111,506,000 after acquiring an additional 294,703 shares during the period. First Trust Advisors LP boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 22.2% in the 2nd quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock valued at $86,386,000 after acquiring an additional 261,933 shares during the last quarter. Paragon Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $63,815,000. Finally, Gradient Investments LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 43.1% in the third quarter. Gradient Investments LLC now owns 605,766 shares of the company’s stock worth $36,291,000 after acquiring an additional 182,583 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.03 on Tuesday. The firm has a fifty day moving average price of $60.00 and a 200 day moving average price 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 disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a $0.205 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.