543 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Bought by Marshall Investment Management LLC

Marshall Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 543 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds also recently made changes to their positions in FTSM. GDS Wealth Management increased its stake in shares of First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after buying an additional 989,192 shares during the period. TCP Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $18,798,000. Holistic Planning LLC increased its position in First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after purchasing an additional 246,803 shares during the period. Truist Financial Corp increased its position in First Trust Enhanced Short Maturity ETF by 67.9% during the 4th quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock valued at $30,923,000 after purchasing an additional 209,257 shares during the period. Finally, JPMorgan Chase & Co. increased its position in First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after purchasing an additional 206,449 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.96 on Friday. The company’s fifty day simple moving average is $59.87 and its two-hundred day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were given a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend was Friday, January 31st.

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.