FARMERS & MERCHANTS TRUST Co OF LONG BEACH Raises Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.1% in the 4th quarter, HoldingsChannel reports. The fund owned 19,538 shares of the company’s stock after purchasing an additional 3,536 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,168,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FTSM. GDS Wealth Management lifted its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after acquiring an additional 989,192 shares in the last quarter. Stifel Financial Corp boosted its stake in First Trust Enhanced Short Maturity ETF by 11.3% in the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares during the period. Envestnet Asset Management Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 10.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 800,798 shares of the company’s stock valued at $47,728,000 after buying an additional 74,877 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after buying an additional 182,844 shares during the period. Finally, Truist Financial Corp lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Truist Financial Corp now owns 313,096 shares of the company’s stock worth $18,661,000 after buying an additional 52,501 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of NASDAQ:FTSM opened at $59.91 on Friday. The company has a 50 day moving average of $59.87 and a 200 day moving average of $59.89. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a dividend of $0.233 per share. 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.