Apollon Wealth Management LLC Takes Position in First Trust Enhanced Short Maturity ETF $FTSM

Apollon Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 25,664 shares of the company’s stock, valued at approximately $1,538,000.

Several other large investors also recently added to or reduced their stakes in FTSM. TFG Advisers LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 3.9% in the second quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after buying an additional 168 shares during the period. 360 Financial Inc. boosted its position in First Trust Enhanced Short Maturity ETF by 0.7% during the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock worth $1,700,000 after acquiring an additional 190 shares during the period. Brookstone Capital Management grew its stake in First Trust Enhanced Short Maturity ETF by 5.6% during the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after acquiring an additional 244 shares in the last quarter. Centerpoint Advisory Group grew its stake in First Trust Enhanced Short Maturity ETF by 2.1% during the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after acquiring an additional 270 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock valued at $1,519,000 after purchasing an additional 273 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.92 on Wednesday. The company has a 50 day simple moving average of $60.00 and a 200-day simple moving average of $59.99. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

First Trust Enhanced Short Maturity ETF Company 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.