Petix & Botte Co Has $13.21 Million Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Petix & Botte Co boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 220,809 shares of the company’s stock after acquiring an additional 10,374 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up approximately 3.5% of Petix & Botte Co’s holdings, making the stock its 8th biggest holding. Petix & Botte Co’s holdings in First Trust Enhanced Short Maturity ETF were worth $13,213,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its holdings in First Trust Enhanced Short Maturity ETF by 70.6% in the fourth quarter. First Trust Advisors LP now owns 128,053 shares of the company’s stock worth $7,654,000 after buying an additional 52,991 shares during the period. Transce3nd LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $245,000. Stifel Financial Corp lifted its holdings in First Trust Enhanced Short Maturity ETF by 12.5% in the fourth quarter. Stifel Financial Corp now owns 942,621 shares of the company’s stock worth $56,341,000 after buying an additional 104,810 shares during the period. Harvest Investment Services LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 3.5% in the fourth quarter. Harvest Investment Services LLC now owns 224,604 shares of the company’s stock worth $13,425,000 after buying an additional 7,579 shares during the period. Finally, MGO One Seven LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 24.5% in the 4th quarter. MGO One Seven LLC now owns 66,806 shares of the company’s stock worth $3,993,000 after buying an additional 13,149 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.99 on Monday. The company has a 50-day moving average of $59.94 and a 200 day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 4th. Investors of record on Thursday, July 31st were paid a $0.218 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Thursday, July 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.22.

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.