Stifel Financial Corp Has $56.34 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Stifel Financial Corp boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 942,621 shares of the company’s stock after purchasing an additional 104,810 shares during the quarter. Stifel Financial Corp’s holdings in First Trust Enhanced Short Maturity ETF were worth $56,341,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Marshall Investment Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $33,000. US Bancorp DE increased its stake in First Trust Enhanced Short Maturity ETF by 298.0% during the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after acquiring an additional 873 shares during the period. AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $91,000. Global Trust Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $159,000. Finally, City Center Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $210,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.93 on Wednesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The business has a fifty day simple moving average of $59.91 and a 200 day simple moving average of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 31st were issued a dividend of $0.222 per share. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 31st.

About First Trust Enhanced Short Maturity ETF

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.