Key Client Fiduciary Advisors LLC Grows Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Key Client Fiduciary Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,871 shares of the company’s stock after purchasing an additional 905 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 0.9% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 23rd biggest position. Key Client Fiduciary Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FTSM. Abich Financial Wealth Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth about $34,000. Tsfg LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $36,000. UMB Bank n.a. bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $84,000. Trust Co. of Vermont bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at 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 Price Performance

Shares of FTSM opened at $59.92 on Friday. The business’s 50 day moving average price is $59.87 and its 200-day moving average price is $59.90. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were issued 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 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.