Farther Finance Advisors LLC Increases Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Farther Finance Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 85.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,293 shares of the company’s stock after purchasing an additional 9,372 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,210,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sachetta LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $30,000. Register Financial Advisors LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $38,000. YHB Investment Advisors Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at about $47,000. Hilltop National Bank acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth about $76,000. Finally, PSI Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after purchasing an additional 1,250 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.3 %

NASDAQ:FTSM opened at $59.82 on Monday. The company’s 50-day moving average is $59.83 and its two-hundred day moving average is $59.76. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.41 and a 1-year high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 4th. Investors of record on Friday, August 30th will be given a $0.247 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.96 annualized dividend and a yield of 4.95%.

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.