393,454 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Acquired by GDS Wealth Management

GDS Wealth Management bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 393,454 shares of the company’s stock, valued at approximately $23,473,000. First Trust Enhanced Short Maturity ETF makes up about 3.2% of GDS Wealth Management’s holdings, making the stock its 7th largest holding.

A number of other large investors have also recently added to or reduced their stakes in FTSM. Key Financial Inc bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $43,000. Parkside Financial Bank & Trust acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $48,000. Inspire Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $213,000. First Trust Direct Indexing L.P. acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $224,000. Finally, OneAscent Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $238,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

First Trust Enhanced Short Maturity ETF stock traded up $0.02 during midday trading on Thursday, reaching $59.68. The stock had a trading volume of 590,547 shares, compared to its average volume of 942,131. The firm’s fifty day simple moving average is $59.70 and its two-hundred day simple moving average is $59.70. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.40 and a twelve month high of $59.94.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 3rd. Investors of record on Wednesday, May 1st were paid a $0.249 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Tuesday, April 30th.

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.