WCG Wealth Advisors LLC Buys Shares of 32,251 First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

WCG Wealth Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 32,251 shares of the company’s stock, valued at approximately $1,922,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Zega Financial LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $1,043,000. GDS Wealth Management increased its stake in First Trust Enhanced Short Maturity ETF by 211.0% in 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 last quarter. WealthPLAN Partners LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.1% in the 2nd quarter. WealthPLAN Partners LLC now owns 76,909 shares of the company’s stock valued at $4,584,000 after acquiring an additional 2,289 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 15.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 25,789 shares of the company’s stock valued at $1,537,000 after acquiring an additional 3,523 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 10.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 800,798 shares of the company’s stock valued at $47,728,000 after acquiring an additional 74,877 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $60.06 on Friday. The company’s 50 day moving average is $59.90 and its 200 day moving average is $59.78. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.41 and a 1-year high of $60.08.

First Trust Enhanced Short Maturity ETF Dividend Announcement

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

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.