BDFS Capital LLC Makes New $63.29 Million Investment in First Trust Enhanced Short Maturity ETF $FTSM

BDFS Capital LLC purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,056,077 shares of the company’s stock, valued at approximately $63,291,000. First Trust Enhanced Short Maturity ETF accounts for 31.9% of BDFS Capital LLC’s investment portfolio, making the stock its biggest position. BDFS Capital LLC owned 1.01% of First Trust Enhanced Short Maturity ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. raised its position in First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares during the last quarter. Blair William & Co. IL grew its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after acquiring an additional 482 shares in the last quarter. Blue Trust Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $46,000. Kelleher Financial Advisors acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.74 and a 12 month high of $60.14. The company’s fifty day simple moving average is $59.87 and its 200-day simple moving average is $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th were paid a $0.205 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, May 29th.

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.