Rahlfs Capital LLC Acquires New Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Rahlfs Capital LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,076 shares of the company’s stock, valued at approximately $303,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSM. LPL Financial LLC raised its position in First Trust Enhanced Short Maturity ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock worth $529,520,000 after purchasing an additional 490,772 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $154,932,000. Envestnet Asset Management Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 19.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 931,860 shares of the company’s stock worth $55,697,000 after acquiring an additional 150,499 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the third quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after acquiring an additional 84,918 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 19.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 727,414 shares of the company’s stock valued at $43,478,000 after acquiring an additional 119,757 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 $59.91 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 31st were issued a $0.222 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 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.