64,235 Shares in First Trust Enhanced Short Maturity ETF $FTSM Bought by Sigma Planning Corp

Sigma Planning Corp bought a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 64,235 shares of the company’s stock, valued at approximately $3,824,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mainsail Financial Group LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 2.7% during the third quarter. Mainsail Financial Group LLC now owns 390,974 shares of the company’s stock worth $23,267,000 after acquiring an additional 10,394 shares during the period. McGuire Investment Group LLC grew its stake in First Trust Enhanced Short Maturity ETF by 4.8% in the 3rd quarter. McGuire Investment Group LLC now owns 177,647 shares of the company’s stock valued at $10,572,000 after purchasing an additional 8,118 shares during the period. Simplicity Wealth LLC grew its stake in First Trust Enhanced Short Maturity ETF by 33.3% in the 3rd quarter. Simplicity Wealth LLC now owns 159,421 shares of the company’s stock valued at $9,487,000 after purchasing an additional 39,795 shares during the period. Wedbush Securities Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $1,463,000. Finally, Lake Street Private Wealth LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 8.3% during the 3rd quarter. Lake Street Private Wealth LLC now owns 323,821 shares of the company’s stock valued at $19,271,000 after purchasing an additional 24,720 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.49 and a 1 year high of $60.91. The stock has a fifty day moving average price of $59.71 and a 200-day moving average price of $59.85.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.