First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by &PARTNERS

&PARTNERS lifted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 60.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 587,006 shares of the company’s stock after buying an additional 220,685 shares during the period. &PARTNERS’s holdings in First Trust Enhanced Short Maturity ETF were worth $35,147,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Blair William & Co. IL lifted its position in First Trust Enhanced Short Maturity ETF by 195.9% in the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after purchasing an additional 482 shares during the period. Royal Bank of Canada increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 4th quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock worth $178,708,000 after purchasing an additional 34,833 shares in the last quarter. MML Investors Services LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 0.9% during the 4th quarter. MML Investors Services LLC now owns 110,572 shares of the company’s stock worth $6,627,000 after purchasing an additional 1,006 shares in the last quarter. Arax Advisory Partners purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $3,211,000. Finally, Aptus Capital Advisors LLC grew its stake in First Trust Enhanced Short Maturity ETF by 80.8% in the 4th quarter. Aptus Capital Advisors LLC now owns 249,451 shares of the company’s stock worth $14,950,000 after acquiring an additional 111,483 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.87 on Wednesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14. The company has a 50 day moving average price of $59.87 and a two-hundred day moving average price of $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th were paid a $0.205 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, May 29th.

First Trust Enhanced Short Maturity ETF 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.