Townsquare Capital LLC Buys 84,741 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Townsquare Capital LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 47.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,236 shares of the company’s stock after acquiring an additional 84,741 shares during the quarter. Townsquare Capital LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $15,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the second quarter worth $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth $36,000. Hilltop National Bank acquired a new position in First Trust Enhanced Short Maturity ETF during the second quarter worth $76,000. PSI Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth $84,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.96 on Wednesday. The company’s fifty day moving average price is $59.94 and its two-hundred day moving average price is $59.86. 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 firm also recently disclosed a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date of this dividend was Thursday, October 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.