First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stock Position Increased by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,089 shares of the company’s stock after buying an additional 539 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in First Trust Enhanced Short Maturity ETF were worth $904,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FTSM. Truist Financial Corp boosted its stake in First Trust Enhanced Short Maturity ETF by 20.1% in the 2nd quarter. Truist Financial Corp now owns 313,096 shares of the company’s stock worth $18,661,000 after purchasing an additional 52,501 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at $13,259,000. Centaurus Financial Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $119,000. Mattson Financial Services LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at $698,000. Finally, EWG Elevate Inc. raised its position in First Trust Enhanced Short Maturity ETF by 1.1% during the third quarter. EWG Elevate Inc. now owns 66,370 shares of the company’s stock valued at $3,974,000 after buying an additional 709 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.78 on Friday. The company has a 50 day simple moving average of $59.88 and a 200-day simple moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 4th. Investors of record on Friday, January 31st will be paid a $0.226 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $2.71 annualized dividend and a dividend yield of 4.54%.

First Trust Enhanced Short Maturity ETF 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.