Citadel Advisors LLC Invests $4.85 Million in First Trust Enhanced Short Maturity ETF $FTSM

Citadel Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 2nd quarter, Holdings Channel reports. The fund purchased 81,187 shares of the company’s stock, valued at approximately $4,849,000.

Other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares during the period. Anchor Investment Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at $42,000. Blair William & Co. IL lifted its holdings in First Trust Enhanced Short Maturity ETF by 195.9% in the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after acquiring an additional 482 shares during the period. Kelleher Financial Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at $55,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.72 on Tuesday. The firm’s fifty day simple moving average is $59.81 and its 200-day simple moving average is $59.86. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.67 and a fifty-two week high of $60.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 31st were issued a dividend of $0.204 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.