StoneX Group Inc. Purchases New Stake in First Trust Enhanced Short Maturity ETF $FTSM

StoneX Group Inc. acquired a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 76,458 shares of the company’s stock, valued at approximately $4,566,000. StoneX Group Inc. owned about 0.07% of First Trust Enhanced Short Maturity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Citadel Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $4,849,000. NewEdge Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 6.7% in the second quarter. NewEdge Advisors LLC now owns 355,145 shares of the company’s stock valued at $21,213,000 after purchasing an additional 22,340 shares during the last quarter. Sigma Planning Corp raised its holdings in First Trust Enhanced Short Maturity ETF by 46.7% during the first quarter. Sigma Planning Corp now owns 101,163 shares of the company’s stock worth $6,048,000 after purchasing an additional 32,207 shares in the last quarter. Kirkwood Financial Services acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $26,070,000. Finally, Uptick Partners LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 23.4% during the first quarter. Uptick Partners LLC now owns 386,047 shares of the company’s stock worth $23,078,000 after purchasing an additional 73,323 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.66 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91. The firm has a 50 day simple moving average of $59.67 and a 200-day simple moving average of $59.83.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Friday, October 30th were given a $0.2140 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. The ex-dividend date of this dividend was Friday, October 30th. This represents a $2.57 dividend on an annualized basis and a dividend yield of 4.3%.

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.