Assetmark Inc. Has $1.53 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Assetmark Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,582 shares of the company’s stock after acquiring an additional 372 shares during the quarter. Assetmark Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,531,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Bramshill Investments LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 10.5% during the 4th quarter. Bramshill Investments LLC now owns 1,634,231 shares of the company’s stock worth $97,678,000 after acquiring an additional 155,249 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.0% during the 4th quarter. Cetera Investment Advisers now owns 1,532,049 shares of the company’s stock worth $91,571,000 after acquiring an additional 151,617 shares during the last quarter. Hansen & Associates Financial Group Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 43.8% during the 1st quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after acquiring an additional 391,525 shares during the last quarter. Csenge Advisory Group increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.0% during the 1st quarter. Csenge Advisory Group now owns 1,183,880 shares of the company’s stock worth $70,938,000 after acquiring an additional 55,898 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,085,250 shares of the company’s stock worth $64,941,000 after acquiring an additional 46,237 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $60.03 on Thursday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.16. The business’s 50 day simple moving average is $59.93 and its 200 day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 2nd. Investors of record on Monday, June 30th were issued a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date of this dividend was Monday, June 30th.

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.