US Bancorp DE Acquires 873 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

US Bancorp DE lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 298.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,166 shares of the company’s stock after purchasing an additional 873 shares during the quarter. US Bancorp DE’s holdings in First Trust Enhanced Short Maturity ETF were worth $70,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Marshall Investment Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $33,000. AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $91,000. Centaurus Financial Inc. increased its holdings 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 purchasing an additional 527 shares in the last quarter. Global Trust Asset Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $159,000. Finally, City Center Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $210,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.90 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16. The stock has a fifty day moving average of $59.89 and a 200-day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company 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 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.