12,795 Shares in First Trust Enhanced Short Maturity ETF $FTSM Bought by Iams Wealth Management LLC

Iams Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the third quarter, HoldingsChannel reports. The institutional investor acquired 12,795 shares of the company’s stock, valued at approximately $761,000.

A number of other large investors have also added to or reduced their stakes in the stock. Blueline Advisors LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 49.0% in the third quarter. Blueline Advisors LLC now owns 5,398 shares of the company’s stock worth $321,000 after acquiring an additional 1,774 shares during the last quarter. Summit Financial Wealth Advisors LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 45.0% during the third quarter. Summit Financial Wealth Advisors LLC now owns 422,527 shares of the company’s stock valued at $25,145,000 after acquiring an additional 131,083 shares in the last quarter. WealthPlan Investment Management LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.0% during the third quarter. WealthPlan Investment Management LLC now owns 122,189 shares of the company’s stock valued at $7,271,000 after acquiring an additional 6,894 shares in the last quarter. ASL Financial LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $210,000. Finally, Mather Group LLC. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $106,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

FTSM opened at $59.65 on Friday. The stock has a 50-day moving average price of $59.72 and a 200-day moving average price of $59.80. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.49 and a 1 year high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were given a dividend of $0.2050 per share. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.46 annualized dividend and a yield of 4.1%.

First Trust Enhanced Short Maturity ETF 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.