NorthRock Partners LLC Invests $1.56 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Lindsey Winhoffer on Nov 5th, 2024

NorthRock Partners LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 26,131 shares of the company’s stock, valued at approximately $1,564,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $36,000. Hilltop National Bank bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $76,000. PSI Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after purchasing an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $84,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of NASDAQ FTSM traded up $0.01 during mid-day trading on Tuesday, hitting $59.83. The company had a trading volume of 70,941 shares, compared to its average volume of 824,944. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.51 and a 12 month high of $60.16. The business’s 50-day simple moving average is $59.97 and its 200-day simple moving average is $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were given a $0.241 dividend. The ex-dividend date was Thursday, October 31st.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.