Titleist Asset Management LLC Buys Shares of 212,734 First Trust Enhanced Short Maturity ETF $FTSM

Titleist Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 212,734 shares of the company’s stock, valued at approximately $12,745,000. First Trust Enhanced Short Maturity ETF accounts for approximately 1.1% of Titleist Asset Management LLC’s portfolio, making the stock its 22nd largest position. Titleist Asset Management LLC owned approximately 0.21% of First Trust Enhanced Short Maturity ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its stake 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 valued at $27,000 after buying an additional 423 shares during the period. CX Institutional purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $35,000. SouthState Bank Corp purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $48,000. Root Financial Partners LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $113,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after purchasing an additional 2,966 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.94 on Thursday. The firm’s 50 day simple moving average is $59.99 and its 200 day simple moving average is $60.00. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.73 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were given a $0.205 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, January 30th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly 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.