Keystone Wealth Services LLC Has $1.77 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Keystone Wealth Services LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,500 shares of the company’s stock after buying an additional 706 shares during the quarter. Keystone Wealth Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,765,000 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. WR Wealth Planners LLC increased its position in First Trust Enhanced Short Maturity ETF by 1.7% in the fourth quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after purchasing an additional 207 shares during the period. World Equity Group Inc. increased its position in First Trust Enhanced Short Maturity ETF by 2.0% in the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after purchasing an additional 271 shares during the period. Trustmark National Bank Trust Department increased its position in First Trust Enhanced Short Maturity ETF by 0.6% in the fourth quarter. Trustmark National Bank Trust Department now owns 61,192 shares of the company’s stock worth $3,657,000 after purchasing an additional 361 shares during the period. Rathbones Group PLC increased its position in First Trust Enhanced Short Maturity ETF by 6.1% in the fourth quarter. Rathbones Group PLC now owns 8,163 shares of the company’s stock worth $488,000 after purchasing an additional 470 shares during the period. Finally, Marshall Investment Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $33,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.90 on Monday. The stock has a 50-day moving average price of $59.89 and a 200 day moving average price of $59.89. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.58 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 3rd. Investors of record on Friday, May 30th were given a $0.2275 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 4.56%. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.21. The ex-dividend date was Friday, May 30th.

First Trust Enhanced Short Maturity ETF 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.