C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Makes New Investment in First Trust Enhanced Short Maturity ETF $FTSM

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 34,168 shares of the company’s stock, valued at approximately $2,048,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. 360 Financial Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 0.7% during the 3rd quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock valued at $1,713,000 after acquiring an additional 190 shares during the last quarter. Rathbones Group PLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 2.4% in the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock valued at $506,000 after purchasing an additional 200 shares in the last quarter. PMV Capital Advisers LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock valued at $297,000 after purchasing an additional 200 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after purchasing an additional 202 shares during the last quarter. Finally, Brookstone Capital Management lifted its position in shares of First Trust Enhanced Short Maturity ETF by 5.6% during the third quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock worth $276,000 after purchasing an additional 244 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14. The business has a 50-day moving average price of $59.95 and a 200 day moving average price of $59.99.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were given a $0.208 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19.

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.