Quad Cities Investment Group LLC Buys 1,693 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Quad Cities Investment Group LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,638 shares of the company’s stock after acquiring an additional 1,693 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 1.4% of Quad Cities Investment Group LLC’s portfolio, making the stock its 18th largest holding. Quad Cities Investment Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,117,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTSM. Bank of New York Mellon Corp acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth approximately $210,000. Blair William & Co. IL grew its holdings in First Trust Enhanced Short Maturity ETF by 1,194.0% during the 1st quarter. Blair William & Co. IL now owns 30,809 shares of the company’s stock worth $1,834,000 after acquiring an additional 28,428 shares during the last quarter. Equitable Holdings Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 13.7% during the 1st quarter. Equitable Holdings Inc. now owns 14,366 shares of the company’s stock worth $855,000 after acquiring an additional 1,730 shares during the last quarter. First Trust Advisors LP bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $15,033,000. Finally, Worth Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $228,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ:FTSM traded up $0.02 during mid-day trading on Monday, reaching $59.58. 215,660 shares of the company were exchanged, compared to its average volume of 1,473,552. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.26 and a 12 month high of $59.76. The company has a fifty day moving average of $59.56 and a 200 day moving average of $59.59.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, September 1st were paid a dividend of $0.247 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date of this dividend was Thursday, August 31st.

First Trust Enhanced Short Maturity ETF 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.