First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 55.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,295 shares of the company’s stock after acquiring an additional 11,847 shares during the quarter. Continuum Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,990,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock worth $226,830,000 after buying an additional 3,600,586 shares in the last quarter. BDFS Capital LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $63,291,000. Wells Fargo & Company MN boosted its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after acquiring an additional 876,866 shares during the last quarter. GDS Wealth Management boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 105.2% in the 4th quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock valued at $51,485,000 after purchasing an additional 440,329 shares during the last quarter. Finally, Kaydan Wealth Management Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF by 651.8% in the fourth quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock valued at $24,900,000 after acquiring an additional 360,223 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.94 on Monday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.74 and a 1 year high of $60.14. The stock has a 50-day simple moving average of $59.87 and a 200-day simple moving average of $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 29th were given a dividend of $0.205 per share. This represents a c) dividend on an annualized basis 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.