Centerpoint Advisory Group Buys 39,878 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Centerpoint Advisory Group increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 146.2% in the first quarter, Holdings Channel reports. The firm owned 67,160 shares of the company’s stock after purchasing an additional 39,878 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 3.0% of Centerpoint Advisory Group’s holdings, making the stock its 9th biggest holding. Centerpoint Advisory Group’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,015,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after purchasing an additional 482 shares during the period. Blue Trust Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $46,000. Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000. Finally, CIBC Private Wealth Group LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $67,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.0%

NASDAQ:FTSM opened at $59.78 on Tuesday. The stock has a 50 day moving average of $59.86 and a 200-day moving average of $59.92. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.72 and a 52 week high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 30th were given a dividend of $0.203 per share. The ex-dividend date was Tuesday, June 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.