Flow Traders U.S. LLC Takes $1.46 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Flow Traders U.S. LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, HoldingsChannel reports. The fund acquired 24,396 shares of the company’s stock, valued at approximately $1,461,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV increased its stake in shares of First Trust Enhanced Short Maturity ETF by 2,512.6% in the second quarter. Massmutual Trust Co. FSB ADV now owns 7,054 shares of the company’s stock worth $420,000 after purchasing an additional 6,784 shares in the last quarter. Hilltop National Bank purchased a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $76,000. Csenge Advisory Group raised its holdings in First Trust Enhanced Short Maturity ETF by 5.2% during the 2nd quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock valued at $66,029,000 after acquiring an additional 54,665 shares during the period. Cambridge Advisors Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1.0% during the second quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock worth $1,005,000 after acquiring an additional 173 shares in the last quarter. Finally, Lion Street Advisors LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 57.8% in the second quarter. Lion Street Advisors LLC now owns 23,476 shares of the company’s stock worth $1,399,000 after acquiring an additional 8,597 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Down 0.3 %

Shares of NASDAQ FTSM opened at $59.79 on Monday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The stock has a fifty day moving average of $59.93 and a 200-day moving average of $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 29th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, November 29th.

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.