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

Posted by Cynthia Vaughn on Mar 29th, 2025

Modern Wealth Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,932 shares of the company’s stock, valued at approximately $235,000.

Other large investors have also bought and sold shares of the company. Marshall Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at about $33,000. US Bancorp DE lifted its position in shares of First Trust Enhanced Short Maturity ETF by 298.0% during the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after buying an additional 873 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $91,000. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $159,000. Finally, City Center Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $210,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.03 on Friday. The business’s fifty day simple moving average is $59.91 and its 200 day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared 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.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.