Mutual Advisors LLC Grows Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Mark Dietrich on Jan 23rd, 2025

Mutual Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 80.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,916 shares of the company’s stock after buying an additional 50,397 shares during the period. Mutual Advisors LLC owned approximately 0.11% of First Trust Enhanced Short Maturity ETF worth $6,763,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FTSM. Abich Financial Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the second quarter worth about $34,000. Tsfg LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $36,000. UMB Bank n.a. bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $84,000. Trust Co. of Vermont purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $84,000. Finally, AdvisorNet Financial Inc bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $91,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.91 on Thursday. The business has a fifty day moving average of $59.87 and a 200 day moving average of $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 company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were paid a dividend of $0.233 per share. The ex-dividend date was Friday, December 27th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.