First Trust Enhanced Short Maturity ETF $FTSM is 1776 Wealth LLC’s 8th Largest Position

1776 Wealth LLC cut its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 23.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 116,045 shares of the company’s stock after selling 36,233 shares during the period. First Trust Enhanced Short Maturity ETF makes up approximately 2.7% of 1776 Wealth LLC’s holdings, making the stock its 8th largest holding. 1776 Wealth LLC owned about 0.11% of First Trust Enhanced Short Maturity ETF worth $6,952,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. 360 Financial Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.7% in the second quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after purchasing an additional 190 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.1% during the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after buying an additional 202 shares during the last quarter. Brookstone Capital Management boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.6% in the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after buying an additional 244 shares during the last quarter. Centerpoint Advisory Group lifted its position in shares of First Trust Enhanced Short Maturity ETF by 2.1% in the second quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after buying an additional 270 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in First Trust Enhanced Short Maturity ETF by 1.1% during the second quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock worth $1,519,000 after acquiring an additional 273 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.98 on Thursday. The firm has a 50 day moving average of $60.00 and a 200-day moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.73 and a 12 month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were given a $0.205 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, January 30th.

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.