RFG Advisory LLC Lowers Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

RFG Advisory LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,347 shares of the company’s stock after selling 2,880 shares during the quarter. RFG Advisory LLC owned about 0.05% of First Trust Enhanced Short Maturity ETF worth $3,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. First Trust Advisors LP grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 821.2% during the 4th quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock valued at $103,272,000 after purchasing an additional 1,543,108 shares during the last quarter. Cetera Investment Advisers grew its holdings in First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares during the last quarter. Csenge Advisory Group grew its holdings in First Trust Enhanced Short Maturity ETF by 5.2% in the 2nd quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock worth $66,029,000 after acquiring an additional 54,665 shares during the last quarter. Hansen & Associates Financial Group Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 31.1% in the 1st quarter. Hansen & Associates Financial Group Inc. now owns 802,550 shares of the company’s stock worth $47,920,000 after acquiring an additional 190,510 shares during the last quarter. Finally, Global Assets Advisory LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 5,869.7% in the 1st quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock worth $46,707,000 after acquiring an additional 770,283 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock traded up $0.02 during trading hours on Monday, reaching $59.87. The stock had a trading volume of 370,701 shares, compared to its average volume of 835,597. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.41 and a 52 week high of $59.95. The company has a fifty day simple moving average of $59.76 and a 200-day simple moving average of $59.74.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 2nd. Shareholders of record on Wednesday, July 31st were issued a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date was Wednesday, July 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.25.

About First Trust Enhanced Short Maturity ETF

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.