Apollon Wealth Management LLC Buys New Shares in First Trust Enhanced Short Maturity ETF $FTSM

Apollon Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,664 shares of the company’s stock, valued at approximately $1,538,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSM. Mutual Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF by 51.4% during the second quarter. Mutual Advisors LLC now owns 124,908 shares of the company’s stock worth $7,497,000 after buying an additional 42,424 shares in the last quarter. Balboa Wealth Partners lifted its position in shares of First Trust Enhanced Short Maturity ETF by 28.6% in the 2nd quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock worth $291,000 after acquiring an additional 1,083 shares during the period. McGuire Investment Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 16.1% during the 2nd quarter. McGuire Investment Group LLC now owns 122,622 shares of the company’s stock worth $7,341,000 after purchasing an additional 16,968 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of First Trust Enhanced Short Maturity ETF by 6.9% during the second quarter. Silver Oak Securities Incorporated now owns 25,860 shares of the company’s stock valued at $1,548,000 after purchasing an additional 1,679 shares during the period. Finally, Cresset Asset Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 82.4% in the second quarter. Cresset Asset Management LLC now owns 29,254 shares of the company’s stock valued at $1,758,000 after purchasing an additional 13,215 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of FTSM stock opened at $59.92 on Wednesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.69 and a one year high of $60.14. The stock has a fifty day moving average price of $60.00 and a 200 day moving average price of $59.99.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th will be given a dividend of $0.20 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, December 29th.

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.