First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Acquired by Stablepoint Partners LLC

Stablepoint Partners LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.7% during the third quarter, HoldingsChannel.com reports. The firm owned 128,035 shares of the company’s stock after acquiring an additional 20,158 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up about 1.4% of Stablepoint Partners LLC’s holdings, making the stock its 10th biggest holding. Stablepoint Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $7,665,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FTSM. NBC Securities Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.1% in the 1st quarter. NBC Securities Inc. now owns 20,973 shares of the company’s stock valued at $1,251,000 after purchasing an additional 436 shares in the last quarter. EWG Elevate Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.5% during the first quarter. EWG Elevate Inc. now owns 63,071 shares of the company’s stock valued at $3,760,000 after purchasing an additional 3,265 shares in the last quarter. Signal Advisors Wealth LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth about $205,000. Aprio Wealth Management LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 96.9% in the first quarter. Aprio Wealth Management LLC now owns 72,585 shares of the company’s stock valued at $4,328,000 after buying an additional 35,719 shares during the period. Finally, Shilanski & Associates Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 1.8% in the 1st quarter. Shilanski & Associates Inc. now owns 105,324 shares of the company’s stock valued at $6,297,000 after buying an additional 1,835 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock traded down $0.01 during trading hours on Monday, hitting $59.94. 236,103 shares of the company’s stock traded hands, compared to its average volume of 844,511. The stock’s 50 day simple moving average is $59.95 and its 200 day simple moving average is $59.80. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.43 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a dividend of $0.247 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date was Friday, August 30th.

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.