First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 134.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 360,020 shares of the company’s stock after buying an additional 206,616 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 0.8% of Gateway Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Gateway Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $21,522,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter valued at about $42,000. Blair William & Co. IL boosted its holdings in First Trust Enhanced Short Maturity ETF by 195.9% in the fourth 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 last quarter. Blue Trust Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $46,000. Finally, Kelleher Financial Advisors acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $55,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.85 on Monday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.72 and a 1-year high of $60.14. The firm has a fifty day moving average of $59.84 and a two-hundred day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

About First Trust Enhanced Short Maturity ETF

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.