Park Avenue Securities LLC Increases Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Park Avenue Securities LLC grew its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,806 shares of the company’s stock after buying an additional 3,233 shares during the quarter. Park Avenue Securities LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of FTSM. GDS Wealth Management lifted its holdings in First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after acquiring an additional 989,192 shares during the period. Sanctuary Advisors LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $13,259,000. JPMorgan Chase & Co. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% in the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after buying an additional 206,449 shares during the last quarter. Kingsview Wealth Management LLC grew its position in First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after buying an additional 182,844 shares during the period. Finally, Stifel Financial Corp increased its holdings in First Trust Enhanced Short Maturity ETF by 11.3% during the third quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock valued at $50,159,000 after buying an additional 84,918 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM opened at $59.92 on Friday. The firm’s 50 day simple moving average is $59.87 and its two-hundred day simple moving average is $59.90. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a $0.233 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Friday, December 27th.

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.