First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by Financial Enhancement Group LLC

Financial Enhancement Group LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 310,065 shares of the company’s stock after buying an additional 46,726 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 2.2% of Financial Enhancement Group LLC’s holdings, making the stock its 12th largest holding. Financial Enhancement Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $18,520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CoreCap Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 16.9% during the second quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock valued at $74,000 after purchasing an additional 178 shares during the period. Parallel Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2,888.4% in the first quarter. Parallel Advisors LLC now owns 4,124 shares of the company’s stock valued at $247,000 after purchasing an additional 3,986 shares during the period. Capasso Planning Partners LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 9.2% during the 1st quarter. Capasso Planning Partners LLC now owns 139,190 shares of the company’s stock valued at $8,321,000 after purchasing an additional 11,725 shares in the last quarter. Western Wealth Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 5.6% during the 1st quarter. Western Wealth Management LLC now owns 291,411 shares of the company’s stock valued at $17,421,000 after purchasing an additional 15,570 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in First Trust Enhanced Short Maturity ETF by 23.6% during the 1st quarter. Arkadios Wealth Advisors now owns 51,857 shares of the company’s stock valued at $3,100,000 after purchasing an additional 9,912 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

First Trust Enhanced Short Maturity ETF stock opened at $59.75 on Wednesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.70 and a 12-month high of $60.14. The firm’s fifty day moving average price is $59.83 and its 200 day moving average price is $59.90.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Stockholders of record on Friday, July 31st were paid a dividend of $0.206 per share. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.1%.

About First Trust Enhanced Short Maturity ETF

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.