Advyzon Investment Management LLC Acquires 9,420 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Advyzon Investment Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 33.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,597 shares of the company’s stock after buying an additional 9,420 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 0.9% of Advyzon Investment Management LLC’s holdings, making the stock its 23rd biggest position. Advyzon Investment Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,250,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSM. Salomon & Ludwin LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $60,000. Legacy Capital Wealth Partners LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $200,000. Armis Advisers LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $205,000. World Investment Advisors acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $212,000. Finally, CacheTech Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $213,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.92 on Tuesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.16. The firm has a fifty day moving average price of $59.92 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 4th. Shareholders of record on Thursday, July 31st were issued a $0.218 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Thursday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

About First Trust Enhanced Short Maturity ETF

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.