Bellevue Asset Management LLC Purchases 2,596 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Bellevue Asset Management LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.0% in the second quarter, Holdings Channel reports. The firm owned 39,497 shares of the company’s stock after buying an additional 2,596 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 1.2% of Bellevue Asset Management LLC’s holdings, making the stock its 17th biggest holding. Bellevue Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,365,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Anderson Financial Strategies LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $45,000. Salomon & Ludwin LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $60,000. SVB Wealth LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $132,000. Flaharty Asset Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $148,000. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.96 on Wednesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.11. The business has a fifty day simple moving average of $60.00 and a 200 day simple moving average of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a dividend of $0.213 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.