Elevation Point Wealth Partners LLC Buys 17,570 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Elevation Point Wealth Partners LLC lifted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 194.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,622 shares of the company’s stock after purchasing an additional 17,570 shares during the period. Elevation Point Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,592,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after acquiring an additional 423 shares in the last quarter. Blair William & Co. IL grew its holdings in First Trust Enhanced Short Maturity ETF by 195.9% during the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after acquiring an additional 482 shares in the last quarter. Blue Trust Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $46,000. Kelleher Financial Advisors purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $67,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.77 on Monday. The firm has a 50-day simple moving average of $59.86 and a 200-day simple moving average of $59.92. First Trust Enhanced Short Maturity ETF has a one year low of $59.72 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 30th were issued a dividend of $0.203 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

About First Trust Enhanced Short Maturity ETF

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.