Gateway Wealth Partners LLC Has $1.59 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Gateway Wealth Partners LLC reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 26,688 shares of the company’s stock after selling 1,095 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,591,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of FTSM. Focus Financial Network Inc. ADV purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $605,000. First Trust Advisors LP grew its stake in shares of First Trust Enhanced Short Maturity ETF by 821.2% in the 4th quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock worth $103,272,000 after acquiring an additional 1,543,108 shares in the last quarter. 360 Financial Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 8.9% in the fourth quarter. 360 Financial Inc. now owns 25,910 shares of the company’s stock valued at $1,546,000 after purchasing an additional 2,109 shares during the last quarter. Traction Financial Partners LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at about $3,878,000. Finally, Bennett Associates Wealth Management purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $810,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ:FTSM opened at $60.15 on Monday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.41 and a 52 week high of $60.16. The firm has a 50-day moving average price of $59.94 and a two-hundred day moving average price of $59.80.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were given a dividend of $0.247 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date was Friday, August 30th.

About First Trust Enhanced Short Maturity ETF

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.