( ) saw a significant drop in short interest for the month of march. On March 31, there were 146,800 short shares, which is 82.6% less than the 844,700 total shares on March 15. The days-to-cover is currently 0.1 days based on an average trading of 1,834,200 share.
First Trust Enhanced short Maturity ETF trading down 0.1 %
During Friday's trading hours, the stock fell $0.03 to $59.61. The company's average trading volume is 1,837 748 shares. First Trust Enhanced Long Maturity ETF's 12 month low is $59.26, and its 12 month high is $59.72. A monthly dividend was also paid by the business on April 5th. Dividends were paid to shareholders who had their shares registered on the Monday, April 3, 2019. Dividends of $2.50 per year are paid to shareholders who hold shares on Monday, April 3rd. This yields 4.19%. First Trust Enhanced Short Maturity ETF had previously paid a monthly dividend of $0.20. This dividend's ex-dividend was on Friday, March 31st.
Inflows of Institutional Capital and Outflows
Several large investors recently increased or decreased their stakes in this stock. Arkadios Wealth Advisors purchased a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter, valued at approximately $620,000. Onyx Bridge Wealth Group LLC increased its holdings in First Trust Enhanced short Maturity by 85.9% during the 4th Quarter. Onyx Bridge Wealth Group LLC owns 9,563 of the company stock, worth $569,000. This is after purchasing 4,420 additional shares in the last quarter. Independent Wealth Network Inc. purchased a new share of First Trust Enhanced short Maturity ETF during the 4th Quarter worth approximately $358,000. Catalyst Wealth Management LLC purchased a new share of First Trust Enhanced Short-Maturity ETF during the 4th Quarter worth approximately $2,981,000. Bullseye Investment Management LLC purchased a new position of shares in First Trust Enhanced short Maturity ETF during the third quarter, valued at approximately $11,788,000.
First Trust Enhanced ETF for Short Maturity
First Trust Enhanced Short Maturity ETF is an exchange traded fund that is based upon the Bloomberg U.S. Short Treasury Bond Index. The fund is actively managed to invest in fixed income securities that have a maturity target of less than 3 years. FTSM is managed by First Trust and was launched on August 5, 2014.
MarketBeat.com offers a FREE daily email newsletter