Global Retirement Partners LLC Buys New Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Global Retirement Partners LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,552 shares of the company’s stock, valued at approximately $392,000.

Other hedge funds have also recently bought and sold shares of the company. Mutual Advisors LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 51.4% in the 2nd quarter. Mutual Advisors LLC now owns 124,908 shares of the company’s stock valued at $7,497,000 after purchasing an additional 42,424 shares during the last quarter. Balboa Wealth Partners raised its stake in First Trust Enhanced Short Maturity ETF by 28.6% in the second quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock valued at $291,000 after buying an additional 1,083 shares during the period. McGuire Investment Group LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 16.1% in the second quarter. McGuire Investment Group LLC now owns 122,622 shares of the company’s stock valued at $7,341,000 after buying an additional 16,968 shares during the last quarter. Orion Capital Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $374,000. Finally, Baird Financial Group Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.4% during the 1st quarter. Baird Financial Group Inc. now owns 281,261 shares of the company’s stock worth $16,831,000 after acquiring an additional 6,484 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.91 on Monday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.14. The business’s 50 day simple moving average is $60.02 and its 200 day simple moving average is $59.98.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 28th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.