Gateway Wealth Partners LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 427.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 149,345 shares of the company’s stock after buying an additional 121,018 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 1.2% of Gateway Wealth Partners LLC’s portfolio, making the stock its 15th biggest holding. Gateway Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $8,947,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. increased 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 worth $27,000 after acquiring an additional 423 shares during the last quarter. CX Institutional purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $35,000. SouthState Bank Corp purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $48,000. Root Financial Partners LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $113,000. Finally, EverSource Wealth Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 148,300.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after buying an additional 2,966 shares during the period.
First Trust Enhanced Short Maturity ETF Stock Performance
Shares of FTSM opened at $59.99 on Friday. The business has a fifty day moving average of $59.99 and a 200 day moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14.
First Trust Enhanced Short Maturity ETF Increases Dividend
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.
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Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report).
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