Synergy Asset Management LLC Purchases 10,186 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Synergy Asset Management LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,327 shares of the company’s stock after purchasing an additional 10,186 shares during the period. First Trust Enhanced Short Maturity ETF comprises 1.4% of Synergy Asset Management LLC’s holdings, making the stock its 19th largest position. Synergy Asset Management LLC owned approximately 0.15% of First Trust Enhanced Short Maturity ETF worth $9,019,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in FTSM. Stablepoint Partners LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 33.2% in the 2nd quarter. Stablepoint Partners LLC now owns 107,877 shares of the company’s stock valued at $6,465,000 after acquiring an additional 26,910 shares in the last quarter. Financial Enhancement Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 280.0% in the 2nd quarter. Financial Enhancement Group LLC now owns 426,362 shares of the company’s stock valued at $25,471,000 after acquiring an additional 314,157 shares in the last quarter. Archer Investment Corp grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 9.1% in the 2nd quarter. Archer Investment Corp now owns 11,464 shares of the company’s stock valued at $683,000 after acquiring an additional 956 shares in the last quarter. Summit Financial LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 20.2% in the 2nd quarter. Summit Financial LLC now owns 32,684 shares of the company’s stock valued at $1,956,000 after acquiring an additional 5,488 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 85.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 20,293 shares of the company’s stock valued at $1,210,000 after acquiring an additional 9,372 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM traded up $0.01 during mid-day trading on Friday, hitting $59.92. The company had a trading volume of 7,689 shares, compared to its average volume of 840,681. The firm has a 50-day simple moving average of $59.84 and a two-hundred day simple moving average of $59.76. First Trust Enhanced Short Maturity ETF has a one year low of $59.41 and a one year high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Friday, August 30th were issued a $0.247 dividend. This represents a $2.96 annualized dividend and a dividend yield of 4.95%. The ex-dividend date was Friday, August 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.