Capasso Planning Partners LLC Grows Stake in First Trust Enhanced Short Maturity ETF $FTSM

Capasso Planning Partners LLC increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,190 shares of the company’s stock after buying an additional 11,725 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 4.5% of Capasso Planning Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Capasso Planning Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $8,321,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Enhanced Short Maturity ETF by 1,953.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock worth $226,830,000 after buying an additional 3,600,586 shares during the period. BDFS Capital LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $63,291,000. Wells Fargo & Company MN increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock valued at $518,664,000 after acquiring an additional 876,866 shares in the last quarter. GDS Wealth Management increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 105.2% during the fourth quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock valued at $51,485,000 after acquiring an additional 440,329 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $15,607,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of FTSM opened at $59.73 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.70 and a 12-month high of $60.14. The business’s fifty day moving average is $59.84 and its 200 day moving average is $59.90.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.206 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a yield of 4.1%.

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.