Uptick Partners LLC Has $23.08 Million Stake in First Trust Enhanced Short Maturity ETF $FTSM

Uptick Partners LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 23.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 386,047 shares of the company’s stock after acquiring an additional 73,323 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 4.6% of Uptick Partners LLC’s investment portfolio, making the stock its 2nd largest position. Uptick Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $23,078,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. PMV Capital Advisers LLC increased its position in First Trust Enhanced Short Maturity ETF by 4.2% in the fourth quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after purchasing an additional 200 shares during the period. Evolution Wealth Management Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 6.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock worth $206,000 after purchasing an additional 209 shares during the last quarter. Proactive Wealth Strategies LLC lifted its position in First Trust Enhanced Short Maturity ETF by 0.5% during the 4th quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after purchasing an additional 318 shares during the period. Principal Securities Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 1.1% during the 4th quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock valued at $1,885,000 after purchasing an additional 346 shares during the period. Finally, Del Sette Capital Management LLC lifted its position in First Trust Enhanced Short Maturity ETF by 9.1% during the 1st quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock valued at $256,000 after purchasing an additional 357 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.81 on Monday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.72 and a 1 year high of $60.14. The firm’s 50-day moving average is $59.84 and its 200-day moving average is $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.