Clear Creek Financial Management LLC Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Clear Creek Financial Management LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 34.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,655 shares of the company’s stock after acquiring an additional 16,737 shares during the period. Clear Creek Financial Management LLC owned approximately 0.06% of First Trust Enhanced Short Maturity ETF worth $3,874,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stephens Inc. AR increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 14.3% in the 2nd quarter. Stephens Inc. AR now owns 33,227 shares of the company’s stock worth $1,989,000 after purchasing an additional 4,147 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 33.7% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 4,702 shares of the company’s stock valued at $282,000 after acquiring an additional 1,185 shares during the period. Paragon Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at about $63,815,000. Moloney Securities Asset Management LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.4% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 127,115 shares of the company’s stock valued at $7,610,000 after acquiring an additional 4,166 shares during the last quarter. Finally, GGM Financials LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth approximately $8,565,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $60.04 on Friday. The firm has a 50 day moving average price of $60.01 and a 200-day moving average price of $60.00. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.