Private Trust Co. NA Has $2.03 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Private Trust Co. NA boosted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,969 shares of the company’s stock after acquiring an additional 869 shares during the period. Private Trust Co. NA’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. GDS Wealth Management lifted its holdings in shares of 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 purchasing an additional 989,192 shares in the last quarter. TCP Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $18,798,000. Holistic Planning LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,689.7% in the fourth quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after purchasing an additional 246,803 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 67.9% in the fourth quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock valued at $30,923,000 after purchasing an additional 209,257 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted 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 valued at $13,132,000 after purchasing an additional 206,449 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $60.01 on Friday. The stock’s 50 day moving average is $59.88 and its 200-day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.