First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Get Free Report) declared a monthly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.2050 per share on Friday, October 2nd. This represents a $2.46 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, September 30th. This is a 0.5% increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040.
First Trust Enhanced Short Maturity ETF Trading Up 0.1%
FTSM opened at $59.72 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.67 and a 1-year high of $60.91. The firm’s 50 day simple moving average is $59.78 and its two-hundred day simple moving average is $59.83.
Hedge Funds Weigh In On First Trust Enhanced Short Maturity ETF
A number of hedge funds have recently modified their holdings of FTSM. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock valued at $51,670,000 after buying an additional 37,830 shares in the last quarter. Capital Analysts LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 175.3% during the second quarter. Capital Analysts LLC now owns 603 shares of the company’s stock worth $36,000 after purchasing an additional 384 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 6.7% in the 2nd quarter. NewEdge Advisors LLC now owns 355,145 shares of the company’s stock worth $21,213,000 after purchasing an additional 22,340 shares in the last quarter. Second Line Capital LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 1,588.1% during the 2nd quarter. Second Line Capital LLC now owns 351,126 shares of the company’s stock valued at $21,044,000 after buying an additional 330,326 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth $4,849,000.
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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