Sigma Planning Corp Grows Stake in First Trust Enhanced Short Maturity ETF $FTSM

Sigma Planning Corp increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 46.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 101,163 shares of the company’s stock after acquiring an additional 32,207 shares during the period. Sigma Planning Corp owned about 0.09% of First Trust Enhanced Short Maturity ETF worth $6,048,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in First Trust Enhanced Short Maturity ETF by 11.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after purchasing an additional 876,866 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after purchasing an additional 3,600,586 shares during the last quarter. Royal Bank of Canada increased its position in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 4th quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock valued at $178,708,000 after purchasing an additional 34,833 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after purchasing an additional 110,033 shares during the period. Finally, Csenge Advisory Group lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 0.6% in the 4th quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after purchasing an additional 10,743 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.81 on Wednesday. The firm has a 50 day moving average of $59.84 and a 200 day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.72 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.