Principal Securities Inc. Buys 5,424 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Principal Securities Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,297 shares of the company’s stock after acquiring an additional 5,424 shares during the period. Principal Securities Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,468,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of FTSM. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $91,000. Centaurus Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% during the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after acquiring an additional 527 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $159,000. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $177,000. Finally, Legacy Capital Wealth Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.89 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The firm has a 50-day moving average price of $59.86 and a 200-day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were given a $0.226 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%.

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.