Aptus Capital Advisors LLC Purchases 120,883 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Aptus Capital Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 707.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 137,968 shares of the company’s stock after buying an additional 120,883 shares during the period. Aptus Capital Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $8,266,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares during the last quarter. CX Institutional bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $35,000. SouthState Bank Corp purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $48,000. Root Financial Partners LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $113,000. Finally, Dunhill Financial LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 3,048.5% in the 3rd quarter. Dunhill Financial LLC now owns 2,141 shares of the company’s stock valued at $128,000 after purchasing an additional 2,073 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.92 on Friday. The business’s 50 day moving average price is $60.00 and its 200-day moving average price is $60.01. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Friday, February 27th were issued a $0.191 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, February 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.