First Trust Enhanced Short Maturity ETF $FTSM Stock: Lake Street Private Wealth LLC Increases Stake

Lake Street Private Wealth LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 323,821 shares of the company’s stock after buying an additional 24,720 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 2.1% of Lake Street Private Wealth LLC’s holdings, making the stock its 8th largest holding. Lake Street Private Wealth LLC owned 0.29% of First Trust Enhanced Short Maturity ETF worth $19,271,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Capital Analysts LLC increased its stake in First Trust Enhanced Short Maturity ETF by 175.3% in the 2nd quarter. Capital Analysts LLC now owns 603 shares of the company’s stock worth $36,000 after buying an additional 384 shares in the last quarter. Anchor Investment Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the first quarter valued at about $42,000. CoreCap Advisors LLC lifted its position in shares of 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 valued at $74,000 after acquiring an additional 178 shares in the last quarter. NBT Bank N.A. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $75,000. Finally, Mather Group LLC. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $106,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

NASDAQ FTSM opened at $59.74 on Friday. The business has a 50-day moving average price of $59.71 and a 200-day moving average price of $59.80. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm 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. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.46 dividend on an annualized basis and a yield of 4.1%. This is a boost 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.