US Bancorp DE Has $70,000 Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

US Bancorp DE boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 298.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,166 shares of the company’s stock after purchasing an additional 873 shares during the period. US Bancorp DE’s holdings in First Trust Enhanced Short Maturity ETF were worth $70,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FTSM. WR Wealth Planners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1.7% during the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after buying an additional 207 shares during the period. TFG Advisers LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock valued at $254,000 after acquiring an additional 208 shares during the period. World Equity Group Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the 4th quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock valued at $813,000 after purchasing an additional 271 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after purchasing an additional 339 shares in the last quarter. Finally, Client First Investment Management LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.4% in the 4th quarter. Client First Investment Management LLC now owns 4,874 shares of the company’s stock worth $291,000 after purchasing an additional 498 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.90 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The firm has a 50-day moving average price of $59.89 and a 200 day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were paid a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

First Trust Enhanced Short Maturity ETF 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.