Financial Advocates Investment Management Has $1.10 Million Holdings in First Trust Enhanced Short Maturity ETF (FTSM)

Financial Advocates Investment Management boosted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 85.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,293 shares of the company’s stock after purchasing an additional 29,561 shares during the quarter. Financial Advocates Investment Management owned 0.09% of First Trust Enhanced Short Maturity ETF worth $1,100,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of FTSM. Morgan Stanley raised its position in shares of First Trust Enhanced Short Maturity ETF by 62.4% in the 3rd quarter. Morgan Stanley now owns 7,315,209 shares of the company’s stock valued at $439,059,000 after buying an additional 2,810,246 shares in the last quarter. Bank of America Corp DE raised its position in shares of First Trust Enhanced Short Maturity ETF by 55.5% in the 4th quarter. Bank of America Corp DE now owns 5,353,102 shares of the company’s stock valued at $320,384,000 after buying an additional 1,911,500 shares in the last quarter. LPL Financial LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 52.1% in the 4th quarter. LPL Financial LLC now owns 1,509,634 shares of the company’s stock valued at $90,352,000 after buying an additional 517,142 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 110.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 948,166 shares of the company’s stock valued at $56,748,000 after buying an additional 497,808 shares in the last quarter. Finally, BB&T Securities LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 122.0% in the 4th quarter. BB&T Securities LLC now owns 861,017 shares of the company’s stock valued at $51,531,000 after buying an additional 473,241 shares in the last quarter.

Shares of NASDAQ:FTSM opened at $60.02 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.78 and a 12 month high of $60.10.

The company also recently announced a monthly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Friday, March 1st were given a $0.126 dividend. This represents a $1.51 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Thursday, February 28th.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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