First Trust Enhanced Short Maturity ETF $FTSM Stock Acquired by Opinicus Capital Inc.

Opinicus Capital Inc. boosted its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,675 shares of the company’s stock after purchasing an additional 18,712 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 3.3% of Opinicus Capital Inc.’s investment portfolio, making the stock its 5th largest holding. Opinicus Capital Inc. owned about 0.09% of First Trust Enhanced Short Maturity ETF worth $6,170,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. MGO One Seven LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 27.6% in the 3rd quarter. MGO One Seven LLC now owns 78,738 shares of the company’s stock valued at $4,686,000 after acquiring an additional 17,032 shares during the last quarter. Founders Financial Securities LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $454,000. Blueprint Investment Partners LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 98.9% during the 3rd quarter. Blueprint Investment Partners LLC now owns 127,999 shares of the company’s stock worth $7,617,000 after acquiring an additional 63,659 shares during the last quarter. Blueprint Financial Advisors LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 25.7% during the 3rd quarter. Blueprint Financial Advisors LLC now owns 124,927 shares of the company’s stock worth $7,434,000 after acquiring an additional 25,529 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $7,471,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.3%

Shares of NASDAQ:FTSM opened at $59.58 on Friday. The company has a 50 day moving average price of $59.69 and a two-hundred day moving average price of $59.84. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.49 and a 52 week high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 30th will be issued a $0.2140 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.57 annualized dividend and a dividend yield of 4.3%.

About First Trust Enhanced Short Maturity ETF

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.