Citizens Financial Group Inc. RI Purchases 1,113 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Citizens Financial Group Inc. RI grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,716 shares of the company’s stock after buying an additional 1,113 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,227,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $154,932,000. Stifel Financial Corp raised its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after acquiring an additional 84,918 shares in the last quarter. Truist Financial Corp lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 67.9% during the 4th quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock worth $30,923,000 after purchasing an additional 209,257 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after purchasing an additional 182,844 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $27,777,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $59.91 on Wednesday. The company has a 50 day moving average price of $59.87 and a 200 day moving average price 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 firm also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were given a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.