Great Lakes Retirement Inc. Acquires Shares of 6,731 First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Great Lakes Retirement Inc. bought a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, Holdings Channel.com reports. The firm bought 6,731 shares of the company’s stock, valued at approximately $402,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Osborne Partners Capital Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $251,000. Strait & Sound Wealth Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 35.0% during the second quarter. Strait & Sound Wealth Management LLC now owns 16,268 shares of the company’s stock valued at $966,000 after purchasing an additional 4,216 shares during the period. Certified Advisory Corp increased its position in First Trust Enhanced Short Maturity ETF by 16.7% in the second quarter. Certified Advisory Corp now owns 7,000 shares of the company’s stock worth $416,000 after buying an additional 1,000 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $1,301,000. Finally, Industrial Alliance Investment Management Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 72.6% during the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 13,238 shares of the company’s stock valued at $787,000 after buying an additional 5,568 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.4 %

Shares of FTSM stock traded down $0.25 on Thursday, hitting $59.62. 560,889 shares of the stock were exchanged, compared to its average volume of 980,107. The firm’s 50 day moving average is $59.77 and its two-hundred day moving average is $59.68. First Trust Enhanced Short Maturity ETF has a one year low of $59.40 and a one year high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 5th. Shareholders of record on Friday, March 1st were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, February 29th.

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.