From MarketBeat:



First Trust Enhanced Short Maturity ETF (FTSM) announced a dividend of 0.253 per share on December 22nd, to be given on December 29th. The ex-dividend date is December 26th. FTSM traded up to $59.85 on Monday, with a 50-day moving average price of $59.64 and a 200-day moving average price of $59.58. The company has a 1-year low of $59.38 and a 1-year high of $59.87. A number of institutional investors and hedge funds have added to or reduced their stakes in FTSM, including Tower Research Capital LLC TRC, Concourse Financial Group Securities Inc., and Imprint Wealth LLC.

FTSM is an exchange-traded fund based on the Bloomberg U.S. Short Treasury Bond index, actively-managed to invest in fixed income securities with a target maturity of less than three years. It was launched on Aug 5, 2014, and is managed by First Trust. This news was generated by narrative science technology and financial data from MarketBeat to provide fast and accurate reporting. FTSM currently has a “hold” rating among analysts, but top-rated analysts recommend five other stocks as better buys.



Read more: First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) to Issue $0.25 Dividend