Moment Partners LLC Makes New $2.87 Million Investment in First Trust Enhanced Short Maturity ETF $FTSM

Moment Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 47,809 shares of the company’s stock, valued at approximately $2,868,000. First Trust Enhanced Short Maturity ETF accounts for about 0.5% of Moment Partners LLC’s holdings, making the stock its 17th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FTSM. Newbridge Financial Services Group Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares in the last quarter. Anchor Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $42,000. Blair William & Co. IL increased its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after acquiring an additional 482 shares in the last quarter. Blue Trust Inc. purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $46,000. Finally, Kelleher Financial Advisors purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.81 on Monday. First Trust Enhanced Short Maturity ETF has a one year low of $59.72 and a one year high of $60.14. The company’s 50-day simple moving average is $59.84 and its 200 day simple moving average is $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were given a $0.203 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

First Trust Enhanced Short Maturity ETF Company 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.