MGO One Seven LLC Has $3.99 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

MGO One Seven LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 24.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,806 shares of the company’s stock after acquiring an additional 13,149 shares during the period. MGO One Seven LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,993,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Marshall Investment Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $33,000. US Bancorp DE increased its position in First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after buying an additional 873 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000. Global Trust Asset Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $159,000. Finally, City Center Advisors LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $210,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.91 on Thursday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The business has a 50-day moving average of $59.91 and a 200 day moving average of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 31st were given a $0.222 dividend. The ex-dividend date was Monday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.