First Trust Enhanced Short Maturity ETF $FTSM Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 21.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 312,935 shares of the company’s stock after acquiring an additional 56,214 shares during the quarter. Harbour Investments Inc. owned about 0.30% of First Trust Enhanced Short Maturity ETF worth $18,735,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FTSM. Anderson Financial Strategies LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth $45,000. Salomon & Ludwin LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth about $60,000. SVB Wealth LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth about $132,000. Flaharty Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth about $148,000. Finally, Legacy Capital Wealth Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $60.02 on Wednesday. The firm has a 50 day simple moving average of $60.01 and a 200-day simple moving average of $59.94. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were paid a $0.213 dividend. The ex-dividend date was Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 4.3%.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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