Compass Financial Management LLC Acquires New Position in First Trust Enhanced Short Maturity ETF $FTSM

Compass Financial Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 13,207 shares of the company’s stock, valued at approximately $789,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CoreCap Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 16.9% during the 2nd quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after buying an additional 178 shares in the last quarter. Evolution Wealth Management Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.4% in the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock valued at $206,000 after buying an additional 209 shares during the period. Proactive Wealth Strategies LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 0.5% in the fourth quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after buying an additional 318 shares in the last quarter. Principal Securities Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 1.1% during the fourth quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock worth $1,885,000 after acquiring an additional 346 shares during the period. Finally, Del Sette Capital Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 9.1% during the first quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock worth $256,000 after acquiring an additional 357 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.87 on Monday. First Trust Enhanced Short Maturity ETF has a one year low of $59.70 and a one year high of $60.14. The business has a fifty day moving average of $59.83 and a two-hundred day moving average of $59.88.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Friday, July 31st were issued a $0.206 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.