AdvisorNet Financial Inc Takes Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,522 shares of the company’s stock, valued at approximately $91,000.

Several other large investors have also recently added to or reduced their stakes in FTSM. Abich Financial Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth $34,000. Tsfg LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth about $36,000. UMB Bank n.a. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $84,000. Trust Co. of Vermont acquired a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth $84,000. Finally, Centaurus Financial Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $119,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.91 on Friday. The business has a 50 day moving average of $59.87 and a two-hundred day moving average of $59.89. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.