IFG Advisory LLC Has $2.40 Million Holdings in First Trust Enhanced Short Maturity ETF $FTSM

IFG Advisory LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 38.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 40,044 shares of the company’s stock after acquiring an additional 11,192 shares during the period. IFG Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,399,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSM. Summit Financial Wealth Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at about $20,026,000. Csenge Advisory Group grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 18.8% during the third quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after purchasing an additional 294,703 shares during the last quarter. First Trust Advisors LP increased its stake in shares of First Trust Enhanced Short Maturity ETF by 22.2% in the second quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock valued at $86,386,000 after buying an additional 261,933 shares during the period. Titleist Asset Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $12,745,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 108.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock valued at $23,581,000 after buying an additional 204,583 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.91 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14. The company’s 50 day moving average price is $60.00 and its two-hundred day moving average price is $60.01.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were paid a $0.191 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.8%.

First Trust Enhanced Short Maturity ETF 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.