Synovus Financial Corp Has $38.48 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Synovus Financial Corp lifted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 640,385 shares of the company’s stock after purchasing an additional 52,132 shares during the quarter. Synovus Financial Corp owned 0.77% of First Trust Enhanced Short Maturity ETF worth $38,475,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of FTSM. Creative Financial Designs Inc. ADV grew its position in First Trust Enhanced Short Maturity ETF by 100.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 440 shares of the company’s stock valued at $26,000 after acquiring an additional 220 shares during the period. Ambassador Advisors LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $82,000. Global Retirement Partners LLC grew its position in First Trust Enhanced Short Maturity ETF by 150.6% in the third quarter. Global Retirement Partners LLC now owns 1,714 shares of the company’s stock valued at $103,000 after acquiring an additional 1,030 shares during the period. TRUE Private Wealth Advisors bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $105,000. Finally, Bogart Wealth LLC grew its position in First Trust Enhanced Short Maturity ETF by 358.3% in the third quarter. Bogart Wealth LLC now owns 1,833 shares of the company’s stock valued at $110,000 after acquiring an additional 1,433 shares during the period.

NASDAQ:FTSM traded down $0.01 during trading hours on Friday, reaching $60.18. The company had a trading volume of 446,479 shares, compared to its average volume of 777,033. The stock has a 50-day moving average of $60.14 and a two-hundred day moving average of $60.12. First Trust Enhanced Short Maturity ETF has a one year low of $59.93 and a one year high of $60.22.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.101 per share. This represents a $1.21 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Friday, January 31st.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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