Mainsail Financial Group LLC Acquires 19,681 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Mainsail Financial Group LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 290,390 shares of the company’s stock after acquiring an additional 19,681 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 7.5% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Mainsail Financial Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $17,397,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. TCV Trust & Wealth Management Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 30.6% during the third quarter. TCV Trust & Wealth Management Inc. now owns 7,198 shares of the company’s stock worth $431,000 after purchasing an additional 1,688 shares during the last quarter. CX Institutional purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $35,000. CoreCap Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 33.7% during the third quarter. CoreCap Advisors LLC now owns 13,029 shares of the company’s stock worth $781,000 after purchasing an additional 3,286 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.5% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 195,430 shares of the company’s stock worth $11,708,000 after buying an additional 6,667 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 5.2% during the 3rd quarter. Geneos Wealth Management Inc. now owns 33,540 shares of the company’s stock worth $2,009,000 after buying an additional 1,667 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.98 on Friday. The company has a fifty day simple moving average of $59.98 and a 200-day simple moving average of $59.99. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were paid a $0.20 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, December 29th.

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.