Ellsworth Advisors LLC Has $12.87 Million Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Ellsworth Advisors LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 214,337 shares of the company’s stock after acquiring an additional 19,760 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up about 2.8% of Ellsworth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Ellsworth Advisors LLC owned about 0.21% of First Trust Enhanced Short Maturity ETF worth $12,867,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FTSM. Newbridge Financial Services Group Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares in the last quarter. Anderson Financial Strategies LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter worth approximately $45,000. Flaharty Asset Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter valued at approximately $148,000. EverSource Wealth Advisors LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after buying an additional 2,966 shares during the last quarter. Finally, Prostatis Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $223,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $60.10 on Friday. The firm has a fifty day moving average price of $60.01 and a 200 day moving average price of $59.99. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 28th were given a dividend of $0.20 per share. The ex-dividend date was Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.