Brown Financial Advisors Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Don Miller on Dec 10th, 2024

Brown Financial Advisors grew its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 4.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,118 shares of the company’s stock after buying an additional 1,348 shares during the period. Brown Financial Advisors’ holdings in First Trust Enhanced Short Maturity ETF were worth $1,803,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $34,000. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $36,000. PSI Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 1,893.9% during the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares during the period. UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $84,000. Finally, Trust Co. of Vermont purchased a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $84,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.87 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The business has a 50-day moving average of $59.91 and a 200-day moving average of $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 29th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, November 29th.

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.