Blackhawk Capital Partners LLC. Invests $1.93 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Blackhawk Capital Partners LLC. acquired a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, HoldingsChannel reports. The fund acquired 32,224 shares of the company’s stock, valued at approximately $1,926,000.

Several other hedge funds have also modified their holdings of FTSM. JPMorgan Chase & Co. grew its position in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd 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 period. Guided Capital Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $6,920,000. J.W. Cole Advisors Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 2.8% during the third quarter. J.W. Cole Advisors Inc. now owns 26,514 shares of the company’s stock worth $1,587,000 after acquiring an additional 725 shares in the last quarter. Creekmur Asset Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 2.8% during the 3rd quarter. Creekmur Asset Management LLC now owns 166,783 shares of the company’s stock worth $9,985,000 after purchasing an additional 4,617 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after acquiring an additional 339 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

FTSM opened at $59.97 on Tuesday. The business has a 50 day moving average of $59.87 and a 200-day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Friday, January 31st.

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.