EWG Elevate Inc. Purchases 2,924 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

EWG Elevate Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 69,294 shares of the company’s stock after purchasing an additional 2,924 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 1.3% of EWG Elevate Inc.’s investment portfolio, making the stock its 18th largest holding. EWG Elevate Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,142,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $34,000. Tsfg LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $36,000. UMB Bank n.a. acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000. Trust Co. of Vermont bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at $84,000. Finally, Centaurus Financial Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at $119,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.80 on Monday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16. The business has a fifty day moving average of $59.86 and a two-hundred day moving average of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a dividend of $0.233 per share. 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 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.