Balboa Wealth Partners Purchases New Shares in First Trust Enhanced Short Maturity ETF $FTSM

Balboa Wealth Partners bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 45,895 shares of the company’s stock, valued at approximately $2,750,000.

Several other institutional investors have also modified their holdings of the business. Newbridge Financial Services Group Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares during the last quarter. CX Institutional acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $35,000. Blue Trust Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $46,000. SouthState Bank Corp bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $48,000. Finally, Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $55,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14. The business’s 50 day simple moving average is $59.96 and its 200-day simple moving average is $59.99.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 31st were given a dividend of $0.208 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19. The ex-dividend date was Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.