Geneos Wealth Management Inc. Purchases New Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Lars Charter on Jan 28th, 2025

Geneos Wealth Management Inc. acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 18,847 shares of the company’s stock, valued at approximately $1,126,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tsfg LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $36,000. UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $84,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $84,000. AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $91,000. Finally, Centaurus Financial Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at about $119,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.98 on Tuesday. The company has a 50-day simple moving average of $59.88 and a two-hundred day simple moving average of $59.90. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.