Symphony Financial Ltd. Co. Has $904,000 Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Symphony Financial Ltd. Co. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,089 shares of the company’s stock after acquiring an additional 539 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in First Trust Enhanced Short Maturity ETF were worth $904,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. GDS Wealth Management lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after buying an additional 989,192 shares in the last quarter. Stifel Financial Corp raised its stake in First Trust Enhanced Short Maturity ETF by 11.3% in the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 56.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after purchasing an additional 182,844 shares during the period. Janney Montgomery Scott LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 8.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 442,971 shares of the company’s stock worth $26,476,000 after purchasing an additional 33,344 shares in the last quarter. Finally, TCP Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $18,798,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.78 on Friday. The stock’s fifty day moving average price is $59.88 and its two-hundred day moving average price is $59.91. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st will be issued a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, January 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.