Cambridge Investment Research Advisors Inc. Has $52.12 Million Stake in First Trust Enhanced Short Maturity ETF (FTSM)

Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 57.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 870,822 shares of the company’s stock after buying an additional 317,744 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 0.6% of Cambridge Investment Research Advisors Inc.’s portfolio, making the stock its 25th largest holding. Cambridge Investment Research Advisors Inc. owned approximately 1.27% of First Trust Enhanced Short Maturity ETF worth $52,119,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Millennium Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at about $597,000. Capital Investment Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $254,000. Sheets Smith Wealth Management acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $372,000. Welch & Forbes LLC grew its stake in First Trust Enhanced Short Maturity ETF by 60.7% during the third quarter. Welch & Forbes LLC now owns 8,381 shares of the company’s stock worth $503,000 after buying an additional 3,166 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in First Trust Enhanced Short Maturity ETF by 92.5% during the third quarter. Global Retirement Partners LLC now owns 7,343 shares of the company’s stock worth $441,000 after buying an additional 3,529 shares in the last quarter.

FTSM opened at $59.96 on Monday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.78 and a 1-year high of $60.10.

The business also recently declared a monthly dividend, which was paid on Tuesday, February 5th. Stockholders of record on Friday, February 1st were paid a $0.13 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.12. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date of this dividend was Thursday, January 31st.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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