Ausdal Financial Partners Inc. Increases Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Ausdal Financial Partners Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 31.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 117,388 shares of the company’s stock after buying an additional 28,382 shares during the period. Ausdal Financial Partners Inc. owned approximately 0.11% of First Trust Enhanced Short Maturity ETF worth $7,033,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. 360 Financial Inc. increased its position in First Trust Enhanced Short Maturity ETF by 0.7% during the third quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock valued at $1,713,000 after acquiring an additional 190 shares during the last quarter. Rathbones Group PLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 2.4% in the third quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock valued at $506,000 after acquiring an additional 200 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.1% in the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after acquiring an additional 202 shares during the last quarter. Brookstone Capital Management lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.6% in the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock worth $276,000 after acquiring an additional 244 shares during the last quarter. Finally, Madden Advisory Services Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 11,809 shares of the company’s stock worth $707,000 after purchasing an additional 332 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.73 and a 12 month high of $60.14. The firm’s 50-day moving average is $59.99 and its 200 day moving average is $60.00.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders 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 yield of 3.8%.

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.