Wesbanco Bank Inc. Acquires 49,660 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Wesbanco Bank Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 24.1% during the first quarter, HoldingsChannel reports. The firm owned 255,550 shares of the company’s stock after acquiring an additional 49,660 shares during the quarter. Wesbanco Bank Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $15,277,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FTSM. Dagco Inc. raised its position in First Trust Enhanced Short Maturity ETF by 76.4% in the 1st quarter. Dagco Inc. now owns 20,578 shares of the company’s stock valued at $1,230,000 after buying an additional 8,913 shares during the last quarter. Hilton Head Capital Partners LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 3.4% during the first quarter. Hilton Head Capital Partners LLC now owns 269,246 shares of the company’s stock worth $16,096,000 after purchasing an additional 8,826 shares during the period. RFG Advisory LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.6% during the 1st quarter. RFG Advisory LLC now owns 56,790 shares of the company’s stock worth $3,395,000 after acquiring an additional 1,995 shares during the period. Signal Advisors Wealth LLC boosted its position in First Trust Enhanced Short Maturity ETF by 45.6% during the first quarter. Signal Advisors Wealth LLC now owns 15,015 shares of the company’s stock worth $898,000 after purchasing an additional 4,702 shares during the period. Finally, Balboa Wealth Partners grew its stake in First Trust Enhanced Short Maturity ETF by 564.2% in the 1st quarter. Balboa Wealth Partners now owns 304,852 shares of the company’s stock valued at $18,224,000 after buying an additional 258,957 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

FTSM stock opened at $59.94 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.74 and a fifty-two week high of $60.14. The business’s fifty day moving average price is $59.87 and its two-hundred day moving average price is $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th were paid a dividend of $0.205 per share. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a yield of 4.1%.

About First Trust Enhanced Short Maturity ETF

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.