IFG Advisory LLC Has $1.86 Million Holdings in First Trust Enhanced Short Maturity ETF $FTSM

IFG Advisory LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,021 shares of the company’s stock after selling 9,023 shares during the quarter. IFG Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,859,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aptus Capital Advisors LLC grew its stake in 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 valued at $8,266,000 after buying an additional 120,883 shares during the last quarter. Daymark Wealth Partners LLC grew its stake in First Trust Enhanced Short Maturity ETF by 46.5% in the 4th quarter. Daymark Wealth Partners LLC now owns 114,734 shares of the company’s stock valued at $6,876,000 after buying an additional 36,411 shares during the last quarter. Titleist Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $12,745,000. Lake Street Private Wealth LLC grew its stake in First Trust Enhanced Short Maturity ETF by 4.8% in the 3rd quarter. Lake Street Private Wealth LLC now owns 236,724 shares of the company’s stock valued at $14,182,000 after buying an additional 10,904 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $2,048,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.78 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.74 and a fifty-two week high of $60.14. The firm has a fifty day moving average price of $59.88 and a two-hundred day moving average price of $59.95.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.