MTM Investment Management LLC Purchases 700 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

MTM Investment Management LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,737 shares of the company’s stock after buying an additional 700 shares during the period. MTM Investment Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,180,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FTSM. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $36,000. Trust Co. of Vermont acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth about $84,000. AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $91,000. Centaurus Financial Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after buying an additional 527 shares during the period. Finally, Global Trust Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $159,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

Shares of FTSM stock opened at $59.82 on Thursday. The business’s 50 day simple moving average is $59.86 and its 200 day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.