TFG Advisers LLC Has $254,000 Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TFG Advisers LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,252 shares of the company’s stock after purchasing an additional 208 shares during the quarter. TFG Advisers LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mainsail Financial Group LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 4th quarter. Mainsail Financial Group LLC now owns 245,046 shares of the company’s stock worth $14,646,000 after buying an additional 15,189 shares during the last quarter. Golden State Wealth Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $3,324,000. Silver Oak Securities Incorporated lifted its position in First Trust Enhanced Short Maturity ETF by 9.6% during the fourth quarter. Silver Oak Securities Incorporated now owns 24,048 shares of the company’s stock worth $1,437,000 after acquiring an additional 2,098 shares during the last quarter. Financial Advocates Investment Management boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 16.3% during the fourth quarter. Financial Advocates Investment Management now owns 59,255 shares of the company’s stock worth $3,542,000 after acquiring an additional 8,295 shares during the period. Finally, Beacon Financial Advisory LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 2.3% in the fourth quarter. Beacon Financial Advisory LLC now owns 36,579 shares of the company’s stock valued at $2,186,000 after purchasing an additional 805 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

Shares of NASDAQ FTSM opened at $59.81 on Friday. The business’s 50 day moving average is $59.86 and its 200-day moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were given a dividend of $0.226 per share. This represents a $2.71 annualized dividend and a yield of 4.53%. The ex-dividend date was Friday, January 31st.

First Trust Enhanced Short Maturity ETF Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.