First Trust Enhanced Short Maturity ETF $FTSM is Transcendent Capital Group LLC’s 2nd Largest Position

Transcendent Capital Group LLC grew its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 178,156 shares of the company’s stock after buying an additional 25,828 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 4.8% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Transcendent Capital Group LLC owned 0.17% of First Trust Enhanced Short Maturity ETF worth $10,677,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. McGuire Investment Group LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 10.2% during the 3rd quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock valued at $8,093,000 after acquiring an additional 12,466 shares during the period. Synergy Asset Management LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 184.2% in the 3rd quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock worth $9,032,000 after purchasing an additional 97,749 shares during the period. Aptus Capital Advisors LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 707.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 137,968 shares of the company’s stock worth $8,266,000 after purchasing an additional 120,883 shares during the period. Csenge Advisory Group lifted its stake in First Trust Enhanced Short Maturity ETF by 18.8% in the third quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock valued at $111,506,000 after purchasing an additional 294,703 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 46.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 114,734 shares of the company’s stock valued at $6,876,000 after purchasing an additional 36,411 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.0%

FTSM opened at $59.88 on Friday. The firm has a 50-day moving average price of $59.93 and a 200-day moving average price of $59.98. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.74 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were issued a $0.208 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19.

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.