Avantax Advisory Services Inc. Increases Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Avantax Advisory Services Inc. lifted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 288,858 shares of the company’s stock after purchasing an additional 7,265 shares during the period. Avantax Advisory Services Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $17,265,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. WR Wealth Planners LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 1.7% during the fourth quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after buying an additional 207 shares during the period. TFG Advisers LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock worth $254,000 after buying an additional 208 shares during the period. World Equity Group Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after buying an additional 271 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in First Trust Enhanced Short Maturity ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock worth $475,000 after buying an additional 293 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after buying an additional 339 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.89 on Thursday. The business has a fifty day moving average of $59.88 and a two-hundred day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.