Legacy Wealth Managment LLC ID Has $585,000 Position in First Trust Enhanced Short Maturity ETF $FTSM

Legacy Wealth Managment LLC ID raised its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 82.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,779 shares of the company’s stock after buying an additional 4,414 shares during the quarter. Legacy Wealth Managment LLC ID’s holdings in First Trust Enhanced Short Maturity ETF were worth $585,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at about $45,000. SVB Wealth LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $132,000. Flaharty Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $148,000. Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $200,000. Finally, Prostatis Group LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $223,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of FTSM opened at $59.96 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.14. The firm’s 50 day moving average is $60.02 and its 200-day moving average is $59.96.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 4th. Shareholders of record on Friday, October 31st were paid a dividend of $0.21 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, October 31st.

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.