Lake Street Private Wealth LLC Buys 24,720 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Lake Street Private Wealth LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 323,821 shares of the company’s stock after acquiring an additional 24,720 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 2.1% of Lake Street Private Wealth LLC’s portfolio, making the stock its 8th largest holding. Lake Street Private Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $19,271,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Capital Analysts LLC grew its stake in First Trust Enhanced Short Maturity ETF by 175.3% during the second quarter. Capital Analysts LLC now owns 603 shares of the company’s stock valued at $36,000 after acquiring an additional 384 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter worth $42,000. CoreCap Advisors LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after purchasing an additional 178 shares in the last quarter. NBT Bank N.A. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $75,000. Finally, Mather Group LLC. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $106,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.74 on Friday. The firm has a 50-day simple moving average of $59.71 and a two-hundred day simple moving average of $59.80. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.49 and a 52 week high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.2050 dividend. This represents a $2.46 annualized dividend and a dividend yield of 4.1%. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date of this dividend was Wednesday, September 30th.

First Trust Enhanced Short Maturity ETF Company 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.