TKG Advisors LLC Trims Holdings in First Trust Enhanced Short Maturity ETF $FTSM

TKG Advisors LLC lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 37.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 96,518 shares of the company’s stock after selling 58,814 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up about 2.4% of TKG Advisors LLC’s investment portfolio, making the stock its 12th largest holding. TKG Advisors LLC owned approximately 0.09% of First Trust Enhanced Short Maturity ETF worth $5,782,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. EdgeRock Capital LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 6.4% in the third quarter. EdgeRock Capital LLC now owns 116,710 shares of the company’s stock worth $6,992,000 after acquiring an additional 6,997 shares during the period. Cassia Capital Partners LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 6.8% in the 3rd quarter. Cassia Capital Partners LLC now owns 167,256 shares of the company’s stock worth $10,020,000 after purchasing an additional 10,645 shares in the last quarter. Stephens Inc. AR lifted its position in shares of First Trust Enhanced Short Maturity ETF by 2.5% in the 3rd quarter. Stephens Inc. AR now owns 34,055 shares of the company’s stock worth $2,040,000 after purchasing an additional 828 shares during the period. WealthPlan Investment Management LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.3% during the 3rd quarter. WealthPlan Investment Management LLC now owns 102,371 shares of the company’s stock valued at $6,133,000 after purchasing an additional 5,125 shares in the last quarter. Finally, Madden Advisory Services Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 2.9% during the third quarter. Madden Advisory Services Inc. now owns 11,809 shares of the company’s stock valued at $707,000 after buying an additional 332 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $60.00 on Friday. The company has a 50-day simple moving average of $59.99 and a two-hundred day simple moving average of $59.99. First Trust Enhanced Short Maturity ETF has a one year low of $59.69 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.