First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stock Position Raised by Client First Investment Management LLC

Client First Investment Management LLC increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,874 shares of the company’s stock after purchasing an additional 498 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 0.2% of Client First Investment Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Client First Investment Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $291,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Clear Point Advisors Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 5.2% in the second quarter. Clear Point Advisors Inc. now owns 37,754 shares of the company’s stock worth $2,250,000 after purchasing an additional 1,854 shares in the last quarter. Insigneo Advisory Services LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $1,878,000. Abich Financial Wealth Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $34,000. Daymark Wealth Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $1,708,000. Finally, NewEdge Advisors LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 2nd quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock valued at $18,540,000 after acquiring an additional 13,539 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.91 on Friday. The stock has a fifty 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 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.