Moloney Securities Asset Management LLC Has $5.61 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Moloney Securities Asset Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 93,873 shares of the company’s stock after purchasing an additional 4,252 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 0.8% of Moloney Securities Asset Management LLC’s investment portfolio, making the stock its 29th biggest holding. Moloney Securities Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,611,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in FTSM. GDS Wealth Management grew its position in First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd 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 period. TCP Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $18,798,000. Holistic Planning LLC raised its holdings in shares of 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 worth $15,624,000 after acquiring an additional 246,803 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 valued at $13,132,000 after acquiring an additional 206,449 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its stake 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 valued at $30,258,000 after purchasing an additional 182,844 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. 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 50 day moving average price of $59.86 and a 200-day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.