EWG Elevate Inc. Has $3.12 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

EWG Elevate Inc. grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 52,466 shares of the company’s stock after purchasing an additional 3,560 shares during the period. First Trust Enhanced Short Maturity ETF accounts for 1.3% of EWG Elevate Inc.’s investment portfolio, making the stock its 26th biggest holding. EWG Elevate Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,117,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley increased its position in First Trust Enhanced Short Maturity ETF by 22.3% in the fourth quarter. Morgan Stanley now owns 16,687,945 shares of the company’s stock worth $991,931,000 after purchasing an additional 3,038,020 shares during the period. Wells Fargo & Company MN grew its position in shares of First Trust Enhanced Short Maturity ETF by 22.2% during the 4th quarter. Wells Fargo & Company MN now owns 10,810,507 shares of the company’s stock worth $642,577,000 after buying an additional 1,963,383 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $88,553,000. Jane Street Group LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 10,237.3% during the fourth quarter. Jane Street Group LLC now owns 738,086 shares of the company’s stock worth $43,872,000 after buying an additional 730,946 shares during the last quarter. Finally, Gradient Investments LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $39,677,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of FTSM stock opened at $59.58 on Tuesday. The firm’s 50 day moving average price is $59.56 and its two-hundred day moving average price is $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 business also recently declared a monthly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Friday, September 1st were given a $0.247 dividend. The ex-dividend date was Thursday, August 31st. This represents a $2.96 annualized dividend and a dividend yield of 4.97%.

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.