Silver Oak Securities Incorporated Acquires 2,098 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Silver Oak Securities Incorporated grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.6% during the fourth quarter, Holdings Channel reports. The firm owned 24,048 shares of the company’s stock after purchasing an additional 2,098 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,437,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GDS Wealth Management grew its holdings in First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares during the last quarter. TCP Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $18,798,000. Holistic Planning LLC grew its stake in First Trust Enhanced Short Maturity ETF by 1,689.7% in the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after buying an additional 246,803 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in First Trust Enhanced Short Maturity ETF by 1,602.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after acquiring an additional 206,449 shares during the period. Finally, Kingsview Wealth Management LLC lifted its position in First Trust Enhanced Short Maturity ETF by 56.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after acquiring an additional 182,844 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.82 on Friday. The company has a 50-day moving average of $59.86 and a two-hundred day moving average of $59.91. 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 Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were paid a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a yield of 4.53%.

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.