Jaffetilchin Investment Partners LLC Grows Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Jaffetilchin Investment Partners LLC grew its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 260,457 shares of the company’s stock after acquiring an additional 14,845 shares during the period. First Trust Enhanced Short Maturity ETF comprises 0.9% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 25th largest position. Jaffetilchin Investment Partners LLC owned 0.25% of First Trust Enhanced Short Maturity ETF worth $15,609,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares during the period. CX Institutional bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $35,000. SouthState Bank Corp purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $48,000. Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $55,000. Finally, CIBC Private Wealth Group LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.94 on Tuesday. The stock’s 50 day moving average price is $59.97 and its 200-day moving average price is $60.00. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a $0.191 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 3.8%.

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.