TFG Advisers LLC Purchases 168 Shares of First Trust Enhanced Short Maturity ETF $FTSM

TFG Advisers LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,439 shares of the company’s stock after buying an additional 168 shares during the period. TFG Advisers LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $266,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Anderson Financial Strategies LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth $45,000. Salomon & Ludwin LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $60,000. SVB Wealth LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $132,000. Flaharty Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $148,000. Finally, Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.93 on Thursday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.11. The firm has a fifty day moving average price of $60.00 and a two-hundred day moving average price of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.213 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 30th.

First Trust Enhanced Short Maturity ETF 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.