Lion Street Advisors LLC Acquires 3,711 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Lion Street Advisors LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 38,663 shares of the company’s stock after acquiring an additional 3,711 shares during the period. First Trust Enhanced Short Maturity ETF comprises 0.7% of Lion Street Advisors LLC’s portfolio, making the stock its 25th biggest position. Lion Street Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Prostatis Group LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $223,000. CWM LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 155.1% during the 2nd quarter. CWM LLC now owns 132,086 shares of the company’s stock worth $7,908,000 after purchasing an additional 80,298 shares during the period. Concurrent Investment Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 16.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 21,662 shares of the company’s stock worth $1,297,000 after purchasing an additional 3,011 shares during the period. Clear Creek Financial Management LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 60.6% in the 2nd quarter. Clear Creek Financial Management LLC now owns 47,918 shares of the company’s stock worth $2,869,000 after buying an additional 18,075 shares during the period. Finally, Bellevue Asset Management LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 7.0% during the 2nd quarter. Bellevue Asset Management LLC now owns 39,497 shares of the company’s stock worth $2,365,000 after buying an additional 2,596 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $60.01 on Monday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.11. The business’s fifty day simple moving average is $60.00 and its 200-day simple moving average is $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were given a dividend of $0.213 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.