Ausdal Financial Partners Inc. Buys 3,565 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Ausdal Financial Partners Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.3% in the fourth quarter, HoldingsChannel reports. The fund owned 71,463 shares of the company’s stock after acquiring an additional 3,565 shares during the period. Ausdal Financial Partners Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,271,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSM. Marshall Investment Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $33,000. US Bancorp DE boosted its position in shares of First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after acquiring an additional 873 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $91,000. Centaurus Financial Inc. grew its stake in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after acquiring an additional 527 shares in the last quarter. Finally, Global Trust Asset Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $159,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.99 on Wednesday. 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 $59.90 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were given a dividend of $0.203 per share. The ex-dividend date was Friday, February 28th.

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.