Investment in First Trust Enhanced Short Maturity ETF by GDS Wealth Management is $9.96 million

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM - Get Rating) has been the subject of a 1,388.53% increase in ownership by GDS Wealth Management in the 4th quarter, according to its 13F filing with the Securities & Exchange Commission, indicating a 1,388.3% increase in ownership during the 4th quarter. According to the firm's latest filing with the Securities & Exchange Commission, it had acquired 156,331 shares of the company's stock during the quarter. In GDS Wealth Management, 1.9% of its holdings are held by First Trust Enhanced Short Maturity ETF, which is the 15th largest stock. During the time it filed its most recent Securities and Exchange Commission filing with the Securities and Exchange Commission, GDS Wealth Management owned 0.13% of First Trust Enhanced Short Maturity ETF in an amount worth $9,962,000.

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A number of hedge funds have also purchased and sold shares of the company in recent months. Arkadios Wealth Advisors recently purchased shares in the company. This new stake is valued at approximately $620,000. In the fourth quarter of 2018, First Trust Enhanced Short Maturity ETF was acquired by Onyx Bridge Wealth Group LLC for an amount of 85.9%, resulting in a significant increase in the stake. In the past quarter, Onyx Bridge Wealth Group LLC acquired an additional 4,420 shares of the company's stock, which puts its shareholding on 9,563 shares, which is worth $569,000 today. In the fourth quarter of this year, Independent Wealth Network Inc. purchased an investment in First Trust Enhanced Short Maturity ETF valued at approximately $358,000. As a result of the Bullseye Investment Management LLC's acquisition of a stake in First Trust Enhanced Short Maturity ETF worth about $11,788,000 during the third quarter, Bullseye Investment Management LLC acquired an investment in the fund during the third quarter. The Flagship Harbor Advisors LLC also increased its stake in First Trust Enhanced Short Maturity ETF by 700.7% in the fourth quarter, which is the highest increase in its stake in that fund. The company's stock is now valued at $3,966,000 according to Flagship Harbor Advisors LLC, which bought 58,391 shares during the period to now own 66,724 shares.

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A performance analysis of First Trust Enhanced Short Maturity ETF stocks is presented below.

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On Wednesday, First Trust Enhanced Short Maturity ETF stock traded up $0.05, reaching $59.59. It was exchanged by 359,783 shares, compared to 1,858,869. First Trust Enhanced Short Maturity ETF has a one year low of $59.26 and a one year high of $59.72. The firm's 50-day moving average is $59.57 and its 200-day moving average is $59.48. The firm has a one-year low of $59.57 and a one-year high of $59.72. First Trust Enhanced Short Maturity ETF has a one-year average price of $59.57.

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Dividends for First Trust's ETF for Enhanced Short Maturity have been increased

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As part of the firm's recent announcement, a dividend of $0.208 will be paid to stockholders who are of record on Monday, April 3rd. The dividend will be paid on April 5th to stockholders of record on that date. In comparison to the previous monthly dividend of $0.20 that First Trust Enhanced Short Maturity ETF has paid previously, this dividend represents an increase of $0.20. The dividend will be paid on Friday, March 31st, and represents an annualized dividend of $2.50 as well as a dividend yield of 4.19 percent.

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Company profile for the First Trust Enhanced Short Maturity ETF

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There is an exchange-traded fund called First Trust Enhanced Short Maturity ETF (FTSM), which is based on the Bloomberg U.S. Short Treasury Bond Index. FTSM is an actively managed fixed income fund that invests in various fixed income securities, with the goal of reaching maturity within three years of its inception on August 5, 2014. It is managed by First Trust.