Csenge Advisory Group increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 4.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,977,249 shares of the company’s stock after buying an additional 75,906 shares during the period. First Trust Enhanced Short Maturity ETF accounts for 4.5% of Csenge Advisory Group’s holdings, making the stock its 3rd biggest holding. Csenge Advisory Group’s holdings in First Trust Enhanced Short Maturity ETF were worth $117,666,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $75,573,000. Envestnet Asset Management Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock worth $51,670,000 after acquiring an additional 37,830 shares in the last quarter. Gradient Investments LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 10.7% in the 2nd quarter. Gradient Investments LLC now owns 733,976 shares of the company’s stock valued at $43,840,000 after purchasing an additional 71,051 shares during the period. Tucker Asset Management LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.9% in the 3rd quarter. Tucker Asset Management LLC now owns 614,144 shares of the company’s stock valued at $36,548,000 after purchasing an additional 23,137 shares during the period. Finally, Kirkwood Financial Services acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $26,070,000.
First Trust Enhanced Short Maturity ETF Stock Performance
Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.63 on Wednesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.49 and a one year high of $60.91. The stock’s 50-day moving average is $59.66 and its 200 day moving average is $59.83.
First Trust Enhanced Short Maturity ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Shareholders of record on Friday, October 30th were issued a $0.2140 dividend. The ex-dividend date was Friday, October 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. This represents a $2.57 dividend on an annualized basis and a yield of 4.3%.
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.
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