Creekmur Asset Management LLC Buys 4,377 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Creekmur Asset Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 171,160 shares of the company’s stock after purchasing an additional 4,377 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for about 2.3% of Creekmur Asset Management LLC’s investment portfolio, making the stock its 11th biggest position. Creekmur Asset Management LLC owned about 0.16% of First Trust Enhanced Short Maturity ETF worth $10,230,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Marshall Investment Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $33,000. US Bancorp DE increased its holdings in First Trust Enhanced Short Maturity ETF by 298.0% in the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after buying an additional 873 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $91,000. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $159,000. Finally, City Center Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $210,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.84 on Wednesday. The firm has a 50-day moving average price of $59.91 and a 200 day moving average price of $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 Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.222 per share. The ex-dividend date is Monday, March 31st. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.