First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by PFG Investments LLC

PFG Investments LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 222.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,238 shares of the company’s stock after purchasing an additional 9,128 shares during the period. PFG Investments LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $791,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the 4th quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after acquiring an additional 876,866 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after acquiring an additional 3,600,586 shares in the last quarter. Royal Bank of Canada lifted its stake in First Trust Enhanced Short Maturity ETF by 1.2% during the fourth quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock worth $178,708,000 after purchasing an additional 34,833 shares during the last quarter. Bank of America Corp DE lifted its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after purchasing an additional 110,033 shares during the last quarter. Finally, Csenge Advisory Group boosted its holdings in First Trust Enhanced Short Maturity ETF by 0.6% in the fourth quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after purchasing an additional 10,743 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock traded down $0.01 during mid-day trading on Tuesday, reaching $59.79. The company’s stock had a trading volume of 31,791 shares, compared to its average volume of 913,459. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.72 and a twelve month high of $60.14. The business has a 50 day moving average price of $59.86 and a 200-day moving average price of $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were issued a $0.203 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, June 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.