Silver Oak Securities Incorporated Has $1.32 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Silver Oak Securities Incorporated increased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.9% in the third quarter, Holdings Channel reports. The institutional investor owned 21,950 shares of the company’s stock after buying an additional 406 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,320,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Abich Financial Wealth Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $34,000. Tsfg LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth about $36,000. Register Financial Advisors LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth about $38,000. Hilltop National Bank acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth about $76,000. Finally, PSI Advisors LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after buying an additional 1,250 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.01 on Friday. The company has a 50 day moving average of $59.97 and a 200-day moving average of $59.82. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.43 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were paid a dividend of $0.247 per share. This represents a $2.96 annualized dividend and a yield of 4.94%. 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.