Csenge Advisory Group Purchases 382,650 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Csenge Advisory Group lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 32.3% during the second quarter, Holdings Channel reports. The firm owned 1,566,530 shares of the company’s stock after acquiring an additional 382,650 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up about 4.9% of Csenge Advisory Group’s portfolio, making the stock its 3rd largest holding. Csenge Advisory Group’s holdings in First Trust Enhanced Short Maturity ETF were worth $93,678,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Anderson Financial Strategies LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $45,000. SVB Wealth LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $132,000. Flaharty Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $148,000. Legacy Capital Wealth Partners LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $200,000. Finally, Prostatis Group LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $223,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.92 on Wednesday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14. The stock’s 50-day moving average price is $60.02 and its 200 day moving average price is $59.96.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Friday, October 31st were given a $0.21 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, October 31st.

First Trust Enhanced Short Maturity ETF Company 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.