L.M. Kohn & Company Increases Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

L.M. Kohn & Company boosted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,263 shares of the company’s stock after acquiring an additional 2,282 shares during the quarter. L.M. Kohn & Company’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,512,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Flow Traders U.S. LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $1,461,000. CreativeOne Wealth LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $1,051,000. Townsquare Capital LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 47.5% in the 3rd quarter. Townsquare Capital LLC now owns 263,236 shares of the company’s stock valued at $15,760,000 after purchasing an additional 84,741 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.2% during the 3rd quarter. D.A. Davidson & CO. now owns 101,321 shares of the company’s stock valued at $6,066,000 after buying an additional 2,154 shares during the last quarter. Finally, Elios Financial Group Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $4,367,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.3 %

FTSM opened at $59.79 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The firm’s fifty day moving average price is $59.93 and its 200 day moving average price is $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 29th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Friday, November 29th.

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.