Western Wealth Management LLC Buys 15,570 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Western Wealth Management LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 291,411 shares of the company’s stock after buying an additional 15,570 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 0.6% of Western Wealth Management LLC’s portfolio, making the stock its 27th largest holding. Western Wealth Management LLC owned approximately 0.27% of First Trust Enhanced Short Maturity ETF worth $17,421,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Transcendent Capital Group LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 17.0% during the fourth quarter. Transcendent Capital Group LLC now owns 178,156 shares of the company’s stock worth $10,677,000 after purchasing an additional 25,828 shares during the period. Opinicus Capital Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 39.6% in the 4th quarter. Opinicus Capital Inc. now owns 36,638 shares of the company’s stock valued at $2,196,000 after purchasing an additional 10,394 shares during the period. Wesbanco Bank Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 13.4% in the 4th quarter. Wesbanco Bank Inc. now owns 205,890 shares of the company’s stock valued at $12,339,000 after buying an additional 24,286 shares in the last quarter. MGO One Seven LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 21.0% in the 4th quarter. MGO One Seven LLC now owns 60,683 shares of the company’s stock valued at $3,637,000 after buying an additional 10,545 shares in the last quarter. Finally, Flaharty Asset Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $14,810,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

FTSM stock opened at $59.79 on Wednesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.70 and a fifty-two week high of $60.14. The business’s fifty day moving average price is $59.82 and its two-hundred day moving average price is $59.89.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Friday, July 31st were given a dividend of $0.206 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, July 31st.

First Trust Enhanced Short Maturity ETF Company 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.