Accurate Wealth Management LLC Makes New Investment in First Trust Enhanced Short Maturity ETF $FTSM

Accurate Wealth Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 28,785 shares of the company’s stock, valued at approximately $1,727,000.

Several other large investors have also bought and sold shares of the company. McGuire Investment Group LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 10.2% in the 3rd quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock worth $8,093,000 after purchasing an additional 12,466 shares in the last quarter. Synergy Asset Management LLC raised its stake in First Trust Enhanced Short Maturity ETF by 184.2% during the third quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock valued at $9,032,000 after buying an additional 97,749 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 707.5% in the third quarter. Aptus Capital Advisors LLC now owns 137,968 shares of the company’s stock worth $8,266,000 after acquiring an additional 120,883 shares in the last quarter. Csenge Advisory Group grew its stake in shares of First Trust Enhanced Short Maturity ETF by 18.8% in the third quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after acquiring an additional 294,703 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 46.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 114,734 shares of the company’s stock worth $6,876,000 after acquiring an additional 36,411 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.90 on Friday. The firm has a 50-day simple moving average of $59.98 and a two-hundred day simple moving average of $60.00. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were given a $0.191 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.8%.

First Trust Enhanced Short Maturity ETF 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.