Beacon Financial Advisory LLC Boosts Stake in First Trust Enhanced Short Maturity ETF $FTSM

Beacon Financial Advisory LLC increased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,290 shares of the company’s stock after buying an additional 435 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,233,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Simplicity Wealth LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 59.8% in the second quarter. Simplicity Wealth LLC now owns 287,994 shares of the company’s stock worth $17,242,000 after buying an additional 107,737 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 71,000 shares of the company’s stock worth $4,251,000 after buying an additional 2,213 shares in the last quarter. Willner & Heller LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 22.2% in the second quarter. Willner & Heller LLC now owns 23,502 shares of the company’s stock worth $1,407,000 after buying an additional 4,277 shares in the last quarter. Triad Wealth Partners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 604.2% in the second quarter. Triad Wealth Partners LLC now owns 51,331 shares of the company’s stock worth $3,073,000 after buying an additional 44,042 shares in the last quarter. Finally, TFG Advisers LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.9% in the second quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after buying an additional 168 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.97 on Friday. The business’s 50 day moving average is $60.00 and its two-hundred day moving average is $59.94. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.213 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 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.