Weitzel Financial Services Inc. Acquires 18,630 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Weitzel Financial Services Inc. raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 823.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,893 shares of the company’s stock after acquiring an additional 18,630 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 0.5% of Weitzel Financial Services Inc.’s holdings, making the stock its 20th largest position. Weitzel Financial Services Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,252,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $45,000. SVB Wealth LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth $132,000. Flaharty Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth $148,000. Prostatis Group LLC bought a new position in First Trust Enhanced Short Maturity ETF during the second quarter valued at about $223,000. Finally, Fund Evaluation Group LLC bought a new position in First Trust Enhanced Short Maturity ETF during the second quarter valued at about $226,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

FTSM opened at $60.06 on Monday. The stock has a 50-day moving average of $60.02 and a 200-day moving average of $59.97. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 4th. Shareholders of record on Friday, October 31st were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

First Trust Enhanced Short Maturity ETF 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.