CreativeOne Wealth LLC Purchases New Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Grant Hamersma on Jul 27th, 2024

CreativeOne Wealth LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,567 shares of the company’s stock, valued at approximately $749,000.

Several other institutional investors and hedge funds have also recently modified their holdings of FTSM. Sachetta LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $30,000. Register Financial Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth $38,000. YHB Investment Advisors Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at about $47,000. Signal Advisors Wealth LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at about $205,000. Finally, Calton & Associates Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $209,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

FTSM stock traded up $0.05 during trading on Friday, hitting $59.92. The stock had a trading volume of 545,175 shares, compared to its average volume of 816,765. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.41 and a twelve month high of $59.94. The company’s 50-day moving average price is $59.75 and its two-hundred day moving average price is $59.74.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 28th were issued a $0.245 dividend. The ex-dividend date was Friday, June 28th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 4.91%.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.