First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by PFG Investments LLC

PFG Investments LLC increased its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 222.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,238 shares of the company’s stock after purchasing an additional 9,128 shares during the period. PFG Investments LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $791,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. World Investment Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF in the first quarter worth $908,000. Elevation Point Wealth Partners LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 194.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 26,622 shares of the company’s stock valued at $1,592,000 after acquiring an additional 17,570 shares during the period. Prasad Wealth Partners LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 5.4% during the first quarter. Prasad Wealth Partners LLC now owns 13,895 shares of the company’s stock worth $831,000 after acquiring an additional 712 shares during the last quarter. TKG Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $1,375,000. Finally, Simmons Bank bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $235,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0%

First Trust Enhanced Short Maturity ETF stock traded down $0.01 during midday trading on Tuesday, reaching $59.79. 31,791 shares of the stock traded hands, compared to its average volume of 913,459. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.72 and a fifty-two week high of $60.14. The firm has a fifty day moving average price of $59.86 and a two-hundred day moving average price of $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were given a dividend of $0.203 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, June 30th.

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.