Beacon Financial Advisory LLC Has $2.14 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Beacon Financial Advisory LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,774 shares of the company’s stock after buying an additional 433 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 0.7% of Beacon Financial Advisory LLC’s holdings, making the stock its 24th biggest holding. Beacon Financial Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,142,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cetera Investment Advisers boosted its stake in First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after buying an additional 1,321,695 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 358.0% in the 1st quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock worth $42,094,000 after purchasing an additional 551,897 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $32,546,000. LPL Financial LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after purchasing an additional 530,475 shares during the last quarter. Finally, GDS Wealth Management lifted its holdings in First Trust Enhanced Short Maturity ETF by 211.0% during the 2nd quarter. GDS Wealth Management now owns 482,854 shares of the company’s stock valued at $28,778,000 after purchasing an additional 327,579 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ FTSM opened at $59.83 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.51 and a 1-year high of $60.16. The company has a 50 day moving average of $59.96 and a 200-day moving average of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, November 4th. Investors of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date was Thursday, October 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.