Kaydan Wealth Management, Inc. increased its holdings by 360,223 shares of FTSM, valued at $21.61 million. This move represents a 6.3% change in 13F reportable assets under management. Post-trade stake reached 415,493 shares worth $24.9 million, accounting for 7.2% of 13F AUM.

Kaydan Wealth Management, Inc. disclosed a buy of 360,223 shares of First Trust Enhanced Short Maturity ETF (FTSM) valued at $21.61 million. This represents an increase in stake, with the post-trade holding reaching 415,493 shares worth $24.9 million, making up 7.2% of 13F AUM.

FTSM shares were priced at $59.98 on Jan. 9, 2026, with a one-year total return of 4.7%. The ETF offers an annualized dividend yield of 4.3%. Kaydan Wealth’s move towards short-duration fixed-income funds reflects a focus on capital preservation amid potential interest rate cuts.

First Trust Enhanced Short Maturity ETF is a short-duration fixed income ETF with a focus on high-quality, short-term debt securities. Kaydan Wealth Management’s increased position in FTSM signals a move towards capital preservation. The fund provides a modest return and a 4.3% dividend yield, making it attractive for income investors.

A fund focusing on short-maturity loans like FTSM can serve as a hedge against volatility and diversify a portfolio. Kaydan’s allocation to FTSM falls just outside its top five holdings, which include exposure to developed markets, gold, longer-dated Treasury bonds, and the entire U.S. stock market.

Read more at Yahoo Finance: What This $21.6 Million Bet on Short-Term Loans Signals for Investors