Wealth Management Associates Inc. Grows Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Wealth Management Associates Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 3.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 15,228 shares of the company’s stock after buying an additional 521 shares during the quarter. Wealth Management Associates Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $911,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $60,000. SVB Wealth LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $132,000. Flaharty Asset Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $148,000. Legacy Capital Wealth Partners LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $200,000. Finally, Armis Advisers LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $205,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.01 on Thursday. The stock’s fifty day moving average is $59.96 and its two-hundred day moving average is $59.93. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.69 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 29th were given a $0.22 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, August 29th. This represents a c) annualized dividend and a yield of 4.4%.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

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Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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