First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Bought by Rathbones Group PLC

Rathbones Group PLC lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,163 shares of the company’s stock after purchasing an additional 470 shares during the period. Rathbones Group PLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $488,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $154,932,000. LPL Financial LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock worth $529,520,000 after purchasing an additional 490,772 shares during the period. Independent Advisor Alliance purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $27,777,000. TCP Asset Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $18,798,000. Finally, Holistic Planning LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock worth $15,624,000 after buying an additional 246,803 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.81 on Thursday. The business has a fifty day simple moving average of $59.89 and a 200-day simple moving average of $59.90. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 31st were issued a $0.222 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 31st.

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.