53,150 Shares in First Trust Enhanced Short Maturity ETF $FTSM Bought by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 53,150 shares of the company’s stock, valued at approximately $3,177,000.

Other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. grew 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 worth $27,000 after acquiring an additional 423 shares during the period. Anchor Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $42,000. Blair William & Co. IL lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after purchasing an additional 482 shares during the period. Blue Trust Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $46,000. Finally, Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.86 on Friday. The stock’s 50-day moving average is $59.84 and its 200 day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a one year low of $59.72 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 30th were paid a $0.203 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, June 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.