SeaCrest Wealth Management LLC Raises Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

SeaCrest Wealth Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,772 shares of the company’s stock after purchasing an additional 1,110 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $879,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Ronald Blue Trust Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 1st quarter. Ronald Blue Trust Inc. now owns 4,367 shares of the company’s stock worth $260,000 after acquiring an additional 193 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in First Trust Enhanced Short Maturity ETF by 5.1% in the first quarter. Orion Portfolio Solutions LLC now owns 4,861 shares of the company’s stock valued at $289,000 after purchasing an additional 238 shares during the last quarter. WealthCare Investment Partners LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 3.3% during the first quarter. WealthCare Investment Partners LLC now owns 7,959 shares of the company’s stock worth $474,000 after purchasing an additional 254 shares in the last quarter. Rathbones Group PLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.3% during the 1st quarter. Rathbones Group PLC now owns 9,485 shares of the company’s stock worth $564,000 after buying an additional 300 shares during the last quarter. Finally, ProVise Management Group LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.4% in the 1st quarter. ProVise Management Group LLC now owns 9,716 shares of the company’s stock valued at $578,000 after buying an additional 320 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of NASDAQ FTSM traded up $0.04 during mid-day trading on Wednesday, reaching $59.70. The company had a trading volume of 409,147 shares, compared to its average volume of 1,520,826. The firm has a 50 day simple moving average of $59.57 and a two-hundred day simple moving average of $59.59. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.26 and a 52-week high of $59.76.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 3rd. Shareholders of record on Tuesday, August 1st were issued a dividend of $0.24 per share. This represents a $2.88 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend was Monday, July 31st.

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.