International Assets Investment Management LLC Invests $3.12 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

International Assets Investment Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 52,109 shares of the company’s stock, valued at approximately $3,116,000. International Assets Investment Management LLC owned approximately 0.05% of First Trust Enhanced Short Maturity ETF at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Cambridge Advisors Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1.0% during the third quarter. Cambridge Advisors Inc. now owns 17,034 shares of the company’s stock worth $1,020,000 after acquiring an additional 173 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its stake in First Trust Enhanced Short Maturity ETF by 1.5% in the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock worth $1,025,000 after purchasing an additional 246 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in First Trust Enhanced Short Maturity ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock valued at $475,000 after buying an additional 293 shares during the period. Towerpoint Wealth LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 0.4% during the third quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock valued at $4,520,000 after buying an additional 329 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after acquiring an additional 339 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock traded up $0.01 during trading hours on Wednesday, reaching $59.81. The stock had a trading volume of 86,229 shares, compared to its average volume of 652,822. The company has a fifty day simple moving average of $59.87 and a 200-day simple moving average of $59.89. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were paid a $0.233 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date was Friday, December 27th.

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.