Wedbush Securities Inc. Acquires 24,581 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Wedbush Securities Inc. bought a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, Holdings Channel.com reports. The firm bought 24,581 shares of the company’s stock, valued at approximately $1,463,000.

Several other large investors have also bought and sold shares of the company. Capital Analysts LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 175.3% during the second quarter. Capital Analysts LLC now owns 603 shares of the company’s stock worth $36,000 after acquiring an additional 384 shares during the period. Anchor Investment Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter worth about $42,000. CoreCap Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 16.9% in the second quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after acquiring an additional 178 shares in the last quarter. NBT Bank N.A. bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter worth about $75,000. Finally, Mather Group LLC. acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $106,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.72 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91. The firm has a 50-day moving average of $59.71 and a two-hundred day moving average of $59.80.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were paid a $0.2050 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.46 annualized dividend and a dividend yield of 4.1%. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040.

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.