250,505 Shares of First Trust Enhanced Short Maturity ETF $FTSM Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 250,505 shares of the company’s stock, valued at approximately $14,908,000. Oppenheimer & Co. Inc. owned about 0.22% of First Trust Enhanced Short Maturity ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of FTSM. Envestnet Asset Management Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock valued at $51,670,000 after buying an additional 37,830 shares in the last quarter. Gradient Investments LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 10.7% during the 2nd quarter. Gradient Investments LLC now owns 733,976 shares of the company’s stock worth $43,840,000 after buying an additional 71,051 shares during the last quarter. Kirkwood Financial Services bought a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $26,070,000. Summit Financial Wealth Advisors LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 45.0% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 422,527 shares of the company’s stock worth $25,145,000 after buying an additional 131,083 shares during the last quarter. Finally, Mainsail Financial Group LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 2.7% in the 3rd quarter. Mainsail Financial Group LLC now owns 390,974 shares of the company’s stock worth $23,267,000 after acquiring an additional 10,394 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91. The business has a 50 day simple moving average of $59.71 and a 200-day simple moving average of $59.85.

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 paid a dividend of $0.2050 per share. This represents a $2.46 annualized dividend and a yield of 4.1%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date was Wednesday, 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.