PKS Advisory Services LLC Buys Shares of 6,069 First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

PKS Advisory Services LLC purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 6,069 shares of the company’s stock, valued at approximately $363,000.

A number of other large investors also recently modified their holdings of the company. Modern Wealth Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $235,000. Woodmont Investment Counsel LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $529,000. LPL Financial LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock worth $529,520,000 after buying an additional 490,772 shares in the last quarter. ZEGA Investments LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter valued at $2,615,000. Finally, Lee Danner & Bass Inc. bought a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter valued at $406,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.99 on Wednesday. The stock’s 50-day simple moving average is $59.90 and its two-hundred day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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