TFG Advisers LLC Acquires 208 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TFG Advisers LLC increased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,252 shares of the company’s stock after buying an additional 208 shares during the period. 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.

Several other institutional investors have also made changes to their positions in FTSM. Tsfg LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $36,000. UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $84,000. Trust Co. of Vermont acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth about $84,000. AdvisorNet Financial Inc bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $91,000. Finally, Centaurus Financial Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after purchasing an additional 527 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. The firm’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 business also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a dividend of $0.226 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%.

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.