Private Advisor Group LLC Boosts Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Private Advisor Group LLC increased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 29.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 389,928 shares of the company’s stock after purchasing an additional 89,839 shares during the period. Private Advisor Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $23,240,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Principal Securities Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $2,559,000. Calton & Associates Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $209,000. BNP Paribas Financial Markets bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $5,293,000. One Degree Advisors Inc bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $974,000. Finally, Private Portfolio Partners LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 5.5% during the 4th quarter. Private Portfolio Partners LLC now owns 22,884 shares of the company’s stock valued at $1,365,000 after purchasing an additional 1,200 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.95 on Friday. The business’s 50 day moving average price is $59.84 and its 200-day moving average price is $59.76. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.41 and a fifty-two week high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 annualized dividend and a yield of 4.94%. The ex-dividend date was Friday, August 30th.

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.