Maridea Wealth Management LLC Buys New Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Maridea Wealth Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 29,121 shares of the company’s stock, valued at approximately $1,741,000.

Several other hedge funds and other institutional investors have also modified their holdings of FTSM. Thrivent Financial for Lutherans lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 84.6% during the third quarter. Thrivent Financial for Lutherans now owns 17,643 shares of the company’s stock worth $1,056,000 after buying an additional 8,083 shares in the last quarter. CreativeOne Wealth LLC bought a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $1,051,000. Flow Traders U.S. LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $1,461,000. L.M. Kohn & Company grew its stake in shares of First Trust Enhanced Short Maturity ETF by 9.9% during the third quarter. L.M. Kohn & Company now owns 25,263 shares of the company’s stock worth $1,512,000 after buying an additional 2,282 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in First Trust Enhanced Short Maturity ETF by 5,000.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 72,993 shares of the company’s stock worth $4,370,000 after acquiring an additional 71,562 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

First Trust Enhanced Short Maturity ETF stock opened at $60.03 on Friday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The business has a 50 day moving average of $59.91 and a 200-day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were issued a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

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.