12,742 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Bought by Stratos Investment Management LLC

Stratos Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,742 shares of the company’s stock, valued at approximately $762,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FTSM. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $36,000. UMB Bank n.a. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $84,000. Trust Co. of Vermont bought a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth about $84,000. AdvisorNet Financial Inc purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $91,000. Finally, Centaurus Financial Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $119,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

FTSM opened at $59.78 on Wednesday. The company has a 50 day simple moving average of $59.87 and a two-hundred day simple moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a dividend of $0.226 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.54%.

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.