Shelton Wealth Management LLC Has $13.46 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Shelton Wealth Management LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.0% in the fourth quarter, HoldingsChannel reports. The firm owned 225,240 shares of the company’s stock after buying an additional 20,479 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 7.0% of Shelton Wealth Management LLC’s investment portfolio, making the stock its biggest position. Shelton Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $13,463,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its holdings in First Trust Enhanced Short Maturity ETF by 22.1% in the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 19,538 shares of the company’s stock worth $1,168,000 after purchasing an additional 3,536 shares in the last quarter. Lake Street Private Wealth LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 4.5% in the fourth quarter. Lake Street Private Wealth LLC now owns 216,574 shares of the company’s stock worth $12,945,000 after buying an additional 9,321 shares during the period. TrueWealth Advisors LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 78.6% during the 4th quarter. TrueWealth Advisors LLC now owns 13,141 shares of the company’s stock worth $785,000 after acquiring an additional 5,782 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 59.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 31,468 shares of the company’s stock valued at $1,881,000 after purchasing an additional 11,703 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 58.0% in the 4th quarter. Park Avenue Securities LLC now owns 8,806 shares of the company’s stock worth $526,000 after buying an additional 3,233 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM stock opened at $59.91 on Friday. The firm has a 50 day moving average price of $59.87 and a 200-day moving average price of $59.89. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a $0.233 dividend. The ex-dividend date was Friday, December 27th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.