Ashton Thomas Private Wealth LLC Purchases 22,821 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Ashton Thomas Private Wealth LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 199,306 shares of the company’s stock after acquiring an additional 22,821 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $11,861,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $75,573,000. Kirkwood Financial Services bought a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $26,070,000. Second Line Capital LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 1,588.1% in the 2nd quarter. Second Line Capital LLC now owns 351,126 shares of the company’s stock valued at $21,044,000 after buying an additional 330,326 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $14,908,000. Finally, One Way Holdings LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 101.9% during the third quarter. One Way Holdings LLC now owns 423,840 shares of the company’s stock valued at $25,223,000 after buying an additional 213,956 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of FTSM opened at $59.66 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.49 and a 1-year high of $60.91. The firm’s 50 day simple moving average is $59.67 and its 200 day simple moving average is $59.83.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Friday, October 30th were issued a dividend of $0.2140 per share. The ex-dividend date of this dividend was Friday, October 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. This represents a $2.57 annualized dividend and a yield of 4.3%.

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.