First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Purchased by KKM Financial LLC

KKM Financial LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,386 shares of the company’s stock after purchasing an additional 3,426 shares during the quarter. KKM Financial LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,338,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in FTSM. PKS Advisory Services LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $363,000. US Bancorp DE increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after purchasing an additional 873 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 5.3% during the fourth quarter. Ausdal Financial Partners Inc. now owns 71,463 shares of the company’s stock worth $4,271,000 after purchasing an additional 3,565 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after purchasing an additional 206,449 shares during the period. Finally, SageOak Financial LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $868,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.56 and a one year high of $60.16. The firm has a fifty day moving average of $59.90 and a two-hundred day moving average of $59.89.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 2nd. Investors of record on Wednesday, April 30th were given a $0.213 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $2.56 dividend on an annualized basis and a yield of 4.27%.

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.