Prasad Wealth Partners LLC Purchases New Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Prasad Wealth Partners LLC acquired a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 11,355 shares of the company’s stock, valued at approximately $680,000.

A number of other institutional investors have also recently modified their holdings of the stock. 360 Financial Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% in the second quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock worth $1,700,000 after purchasing an additional 190 shares during the period. Global Retirement Partners LLC grew its stake in First Trust Enhanced Short Maturity ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after buying an additional 202 shares in the last quarter. Brookstone Capital Management increased its holdings in First Trust Enhanced Short Maturity ETF by 5.6% in the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after buying an additional 244 shares during the period. Centerpoint Advisory Group increased its holdings in First Trust Enhanced Short Maturity ETF by 2.1% in the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after buying an additional 270 shares during the period. Finally, Chicago Partners Investment Group LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock valued at $1,519,000 after buying an additional 273 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.99 on Friday. The company has a 50 day moving average of $59.99 and a 200-day moving average of $60.00. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.73 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were issued a $0.205 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

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.