Luken Investment Analytics LLC Increases Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Luken Investment Analytics LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,913 shares of the company’s stock after purchasing an additional 60,000 shares during the period. First Trust Enhanced Short Maturity ETF accounts for 5.2% of Luken Investment Analytics LLC’s portfolio, making the stock its 6th largest holding. Luken Investment Analytics LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley increased its holdings in First Trust Enhanced Short Maturity ETF by 22.3% in the 4th quarter. Morgan Stanley now owns 16,687,945 shares of the company’s stock valued at $991,931,000 after acquiring an additional 3,038,020 shares during the last quarter. LPL Financial LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock valued at $518,318,000 after acquiring an additional 195,687 shares during the last quarter. Osaic Holdings Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 0.3% in the 2nd quarter. Osaic Holdings Inc. now owns 3,068,365 shares of the company’s stock valued at $182,306,000 after acquiring an additional 9,962 shares during the last quarter. International Assets Investment Management LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 3,702.2% in the 4th quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after acquiring an additional 2,911,719 shares during the last quarter. Finally, UBS Group AG increased its holdings in First Trust Enhanced Short Maturity ETF by 2.9% in the 1st quarter. UBS Group AG now owns 2,606,315 shares of the company’s stock valued at $155,154,000 after acquiring an additional 74,504 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM traded up $0.02 on Thursday, reaching $59.70. The company had a trading volume of 316,218 shares, compared to its average volume of 968,674. The firm’s 50 day moving average price is $59.73 and its 200 day moving average price is $59.69. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.40 and a 12 month high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, April 1st were paid a $0.249 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.01%.

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.