Stratos Wealth Partners LTD. Has $5.36 Million Position in First Trust Enhanced Short Maturity ETF $FTSM

Stratos Wealth Partners LTD. boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 89,585 shares of the company’s stock after purchasing an additional 6,105 shares during the period. Stratos Wealth Partners LTD.’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTSM. Anderson Financial Strategies LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $45,000. Salomon & Ludwin LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter valued at $60,000. SVB Wealth LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the first quarter valued at about $132,000. Flaharty Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $148,000. Finally, Legacy Capital Wealth Partners LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $200,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of FTSM opened at $60.07 on Friday. The firm’s 50 day moving average price is $60.01 and its 200 day moving average price is $59.95. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.213 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, September 30th.

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.