Dagco Inc. Has $1.23 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Dagco Inc. grew its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 76.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 20,578 shares of the company’s stock after purchasing an additional 8,913 shares during the quarter. Dagco Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. grew its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares in the last quarter. Blair William & Co. IL raised its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after purchasing an additional 482 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $46,000. Kelleher Financial Advisors acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.90 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.74 and a 1-year high of $60.14. The firm has a fifty day simple moving average of $59.87 and a 200 day simple moving average of $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were given a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, May 29th.

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.