Opinicus Capital Inc. raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 22.0% in the third quarter, Holdings Channel reports. The fund owned 103,675 shares of the company’s stock after acquiring an additional 18,712 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 3.3% of Opinicus Capital Inc.’s portfolio, making the stock its 5th biggest position. Opinicus Capital Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,170,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of FTSM. Kirkwood Financial Services acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth about $26,070,000. Second Line Capital LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 1,588.1% in the 2nd quarter. Second Line Capital LLC now owns 351,126 shares of the company’s stock valued at $21,044,000 after purchasing an additional 330,326 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $14,908,000. Gateway Wealth Partners LLC increased its stake in First Trust Enhanced Short Maturity ETF by 134.7% during the 1st quarter. Gateway Wealth Partners LLC now owns 360,020 shares of the company’s stock worth $21,522,000 after purchasing an additional 206,616 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $8,787,000.
First Trust Enhanced Short Maturity ETF Stock Performance
Shares of FTSM stock opened at $59.58 on Friday. The company’s 50 day moving average price is $59.69 and its two-hundred day moving average price is $59.84. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.49 and a 52 week high of $60.91.
First Trust Enhanced Short Maturity ETF Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 30th will be issued a $0.2140 dividend. This represents a $2.57 annualized dividend and a dividend yield of 4.3%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. The ex-dividend date is Friday, October 30th.
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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