115,782 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Acquired by Guided Capital Wealth Management LLC

Guided Capital Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 115,782 shares of the company’s stock, valued at approximately $6,920,000. First Trust Enhanced Short Maturity ETF accounts for approximately 6.3% of Guided Capital Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTSM. GDS Wealth Management boosted its stake in First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after purchasing an additional 989,192 shares during the period. TCP Asset Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $18,798,000. Holistic Planning LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock worth $15,624,000 after acquiring an additional 246,803 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after acquiring an additional 206,449 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 56.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after acquiring an additional 182,844 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of FTSM opened at $59.83 on Wednesday. The business’s 50 day simple moving average is $59.86 and its 200-day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were issued a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a yield of 4.53%.

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.