Global Assets Advisory LLC Invests $785,000 in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Global Assets Advisory LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,104 shares of the company’s stock, valued at approximately $785,000.

Several other hedge funds also recently modified their holdings of FTSM. Cetera Investment Advisers boosted its holdings in First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after purchasing an additional 1,321,695 shares during the period. Jane Street Group LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 358.0% in the 1st quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock valued at $42,094,000 after purchasing an additional 551,897 shares during the period. Coppell Advisory Solutions Corp. bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $32,546,000. LPL Financial LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after acquiring an additional 530,475 shares during the period. Finally, GDS Wealth Management lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 211.0% during the 2nd quarter. GDS Wealth Management now owns 482,854 shares of the company’s stock worth $28,778,000 after acquiring an additional 327,579 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

NASDAQ:FTSM opened at $59.97 on Thursday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.43 and a 52 week high of $60.16. The company has a 50-day moving average of $59.97 and a 200-day moving average of $59.82.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 annualized dividend and a yield of 4.94%. The ex-dividend date was Friday, August 30th.

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.