Wealth Enhancement Advisory Services LLC Buys 3,401 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Wealth Enhancement Advisory Services LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 210,457 shares of the company’s stock after acquiring an additional 3,401 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,600,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FTSM. Mattson Financial Services LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the second quarter worth approximately $698,000. NewEdge Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock worth $18,540,000 after purchasing an additional 13,539 shares in the last quarter. UMB Bank n.a. bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter worth approximately $84,000. Brendel Financial Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 10.3% in the third quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock worth $342,000 after purchasing an additional 531 shares in the last quarter. Finally, Insigneo Advisory Services LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the second quarter worth approximately $1,878,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

Shares of FTSM stock opened at $59.80 on Monday. The stock has a 50 day simple moving average of $59.86 and a two-hundred day simple moving average of $59.89. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.