Valmark Advisers Inc. Has $1.21 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Valmark Advisers Inc. decreased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,230 shares of the company’s stock after selling 569 shares during the period. Valmark Advisers Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,209,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $91,000. Centaurus Financial Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 26.4% during the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares during the last quarter. Global Trust Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $159,000. Farmers & Merchants Investments Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $177,000. Finally, Legacy Capital Wealth Partners LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $200,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

FTSM stock opened at $59.89 on Tuesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The business’s fifty day moving average price is $59.86 and its two-hundred day moving average price is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were given a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

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.