NewEdge Advisors LLC Purchases 13,539 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

NewEdge Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,079 shares of the company’s stock after acquiring an additional 13,539 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $18,540,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FTSM. First Trust Advisors LP raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 821.2% in the 4th quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock worth $103,272,000 after buying an additional 1,543,108 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares during the last quarter. Global Assets Advisory LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 5,869.7% during the first quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock worth $46,707,000 after acquiring an additional 770,283 shares during the last quarter. Jane Street Group LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 358.0% during the first quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock worth $42,094,000 after acquiring an additional 551,897 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $32,546,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $60.15 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.41 and a twelve month high of $60.16. The business has a fifty day moving average of $59.94 and a 200-day moving average of $59.80.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were paid a dividend of $0.247 per share. The ex-dividend date was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.93%.

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.