Simplicity Wealth LLC Purchases 107,737 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Simplicity Wealth LLC lifted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 59.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 287,994 shares of the company’s stock after acquiring an additional 107,737 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 0.7% of Simplicity Wealth LLC’s portfolio, making the stock its 25th largest position. Simplicity Wealth LLC owned about 0.28% of First Trust Enhanced Short Maturity ETF worth $17,242,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Concorde Asset Management LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,243.9% during the first quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock valued at $69,717,000 after buying an additional 1,078,906 shares during the period. Raymond James Financial Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 23.2% in the first quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after buying an additional 600,198 shares during the period. IFP Advisors Inc boosted its holdings in First Trust Enhanced Short Maturity ETF by 118.2% during the 1st quarter. IFP Advisors Inc now owns 770,064 shares of the company’s stock valued at $46,081,000 after acquiring an additional 417,113 shares during the period. Hansen & Associates Financial Group Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF by 43.8% during the 1st quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock valued at $76,966,000 after acquiring an additional 391,525 shares during the period. Finally, Flagship Harbor Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 1,469.9% in the first quarter. Flagship Harbor Advisors LLC now owns 323,099 shares of the company’s stock worth $19,334,000 after purchasing an additional 302,518 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.97 on Friday. The firm has a fifty day moving average price of $60.00 and a 200-day moving average price of $59.94. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a $0.213 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a 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.