Concurrent Investment Advisors LLC Increases Stake in First Trust Enhanced Short Maturity ETF $FTSM

Concurrent Investment Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 210.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,557 shares of the company’s stock after buying an additional 38,351 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.05% of First Trust Enhanced Short Maturity ETF worth $3,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. McGuire Investment Group LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 10.2% during the 3rd quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock valued at $8,093,000 after buying an additional 12,466 shares in the last quarter. Synergy Asset Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 184.2% during the 3rd 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 in the last quarter. Aptus Capital Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 707.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 137,968 shares of the company’s stock valued at $8,266,000 after buying an additional 120,883 shares in the last quarter. Csenge Advisory Group grew its holdings in First Trust Enhanced Short Maturity ETF by 18.8% during the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock valued at $111,506,000 after buying an additional 294,703 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 46.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 114,734 shares of the company’s stock valued at $6,876,000 after buying an additional 36,411 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.97 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.74 and a 1 year high of $60.14. The company has a 50 day simple moving average of $59.92 and a two-hundred day simple moving average of $59.97.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.