Gateway Wealth Partners LLC Has $1.48 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Gateway Wealth Partners LLC reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 24,647 shares of the company’s stock after selling 2,041 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,476,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Abich Financial Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth $34,000. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $36,000. Hilltop National Bank bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $76,000. PSI Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 1,893.9% during the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $84,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

NASDAQ FTSM opened at $60.00 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.43 and a 12-month high of $60.16. The firm’s 50 day moving average is $59.97 and its 200-day moving average is $59.83.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a $0.247 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.96 annualized dividend and a dividend yield of 4.94%.

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.