3,783 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Bought by Sovran Advisors LLC

Sovran Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,783 shares of the company’s stock, valued at approximately $226,000.

Other hedge funds have also recently bought and sold shares of the company. GDS Wealth Management lifted its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares in the last quarter. Stifel Financial Corp lifted its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after buying an additional 84,918 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 56.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after buying an additional 182,844 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 8.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 442,971 shares of the company’s stock valued at $26,476,000 after acquiring an additional 33,344 shares in the last quarter. Finally, TCP Asset Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $18,798,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.85 on Friday. The business’s fifty day simple moving average is $59.86 and its 200 day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were paid a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

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.