Global Trust Asset Management LLC Purchases New Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Global Trust Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,660 shares of the company’s stock, valued at approximately $159,000.

Other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at $34,000. Tsfg LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $36,000. UMB Bank n.a. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $84,000. Trust Co. of Vermont bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth approximately $84,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $91,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Wednesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The company’s 50 day moving average is $59.87 and its 200 day moving average is $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were paid a $0.233 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Friday, December 27th.

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.