Integrated Advisors Network LLC Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Integrated Advisors Network LLC grew its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 233.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 62,045 shares of the company’s stock after purchasing an additional 43,445 shares during the period. Integrated Advisors Network LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,702,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.3% during the third quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock valued at $518,318,000 after buying an additional 195,687 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 3,702.2% in the fourth quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock worth $178,405,000 after purchasing an additional 2,911,719 shares during the last quarter. First Trust Advisors LP boosted its holdings in First Trust Enhanced Short Maturity ETF by 821.2% in the fourth quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock worth $103,272,000 after purchasing an additional 1,543,108 shares during the last quarter. Mariner LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1.5% in the third quarter. Mariner LLC now owns 805,513 shares of the company’s stock worth $47,864,000 after purchasing an additional 12,143 shares during the last quarter. Finally, Hansen & Associates Financial Group Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $36,551,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock remained flat at $59.73 on Friday. 678,795 shares of the company traded hands, compared to its average volume of 862,435. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94. The company has a 50-day moving average of $59.70 and a 200-day moving average of $59.73.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 4th. Investors of record on Friday, May 31st were issued a $0.25 dividend. The ex-dividend date was Friday, May 31st. This represents a $3.00 annualized dividend and a yield of 5.02%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.25.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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