Brueske Advisory Services LLC Invests $2 Million in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Brueske Advisory Services LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,414 shares of the company’s stock, valued at approximately $1,997,000. First Trust Enhanced Short Maturity ETF makes up about 1.8% of Brueske Advisory Services LLC’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blackhawk Capital Partners LLC. bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $1,926,000. Transcendent Capital Group LLC grew its stake in First Trust Enhanced Short Maturity ETF by 83.1% during the fourth quarter. Transcendent Capital Group LLC now owns 169,007 shares of the company’s stock worth $10,102,000 after buying an additional 76,708 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 20.4% in the fourth quarter. IFP Advisors Inc now owns 352,951 shares of the company’s stock worth $21,096,000 after acquiring an additional 59,904 shares during the last quarter. World Equity Group Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after acquiring an additional 271 shares during the last quarter. Finally, Marshall Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $33,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ FTSM opened at $60.01 on Thursday. The company has a 50 day simple moving average of $59.87 and a 200 day simple moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were given a dividend of $0.226 per share. This represents a $2.71 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend was Friday, January 31st.

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.