Wealth Enhancement Advisory Services LLC Raises Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 188,752 shares of the company’s stock after buying an additional 15,540 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.17% of First Trust Enhanced Short Maturity ETF worth $11,253,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Key Client Fiduciary Advisors LLC lifted its position in First Trust Enhanced Short Maturity ETF by 6.0% in the first quarter. Key Client Fiduciary Advisors LLC now owns 43,796 shares of the company’s stock worth $2,611,000 after buying an additional 2,491 shares during the last quarter. Brookstone Capital Management lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 17.6% in the 1st quarter. Brookstone Capital Management now owns 6,513 shares of the company’s stock worth $388,000 after acquiring an additional 974 shares during the last quarter. Global Assets Advisory LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 5,869.7% during the 1st quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock worth $46,707,000 after purchasing an additional 770,283 shares during the period. International Assets Investment Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 9.7% during the 1st quarter. International Assets Investment Management LLC now owns 54,989 shares of the company’s stock valued at $3,278,000 after purchasing an additional 4,866 shares during the last quarter. Finally, Sebold Capital Management Inc. raised its position in First Trust Enhanced Short Maturity ETF by 11.0% in the 1st quarter. Sebold Capital Management Inc. now owns 83,371 shares of the company’s stock worth $4,971,000 after purchasing an additional 8,295 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.60 on Friday. The firm has a 50-day simple moving average of $59.72 and a two-hundred day simple moving average of $59.73. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.40 and a 1 year high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 28th will be issued a dividend of $0.245 per share. This represents a $2.94 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date is Friday, June 28th.

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.