SLT Holdings LLC Invests $2.51 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

SLT Holdings LLC bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,009 shares of the company’s stock, valued at approximately $2,511,000. First Trust Enhanced Short Maturity ETF comprises 2.4% of SLT Holdings LLC’s portfolio, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $154,932,000. GDS Wealth Management raised its holdings in First Trust Enhanced Short Maturity ETF by 204.9% during the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after purchasing an additional 989,192 shares during the last quarter. Stifel Financial Corp raised its holdings in First Trust Enhanced Short Maturity ETF by 11.3% during the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares during the last quarter. Truist Financial Corp raised its holdings in First Trust Enhanced Short Maturity ETF by 67.9% during the 4th quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock worth $30,923,000 after purchasing an additional 209,257 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings 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 purchasing an additional 182,844 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.89 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 firm has a 50 day moving average price of $59.87 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were issued a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

About First Trust Enhanced Short Maturity ETF

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.