First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Purchased by Cambridge Advisors Inc.

Cambridge Advisors Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,042 shares of the company’s stock after purchasing an additional 3,008 shares during the period. Cambridge Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,198,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $698,000. NewEdge Advisors LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock valued at $18,540,000 after purchasing an additional 13,539 shares during the period. UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000. Brendel Financial Advisors LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 10.3% during the third quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock worth $342,000 after acquiring an additional 531 shares during the period. Finally, Brown Financial Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at about $1,715,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Friday. The stock’s 50 day moving average price is $59.87 and its 200 day moving average price is $59.89. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a dividend of $0.233 per share. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date was Friday, December 27th.

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.