Csenge Advisory Group Acquires 382,650 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Csenge Advisory Group raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 32.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,566,530 shares of the company’s stock after buying an additional 382,650 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 4.9% of Csenge Advisory Group’s holdings, making the stock its 3rd largest position. Csenge Advisory Group owned 1.50% of First Trust Enhanced Short Maturity ETF worth $93,678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. LPL Financial LLC raised its stake in First Trust Enhanced Short Maturity ETF by 3.2% in the first quarter. LPL Financial LLC now owns 9,141,990 shares of the company’s stock valued at $547,057,000 after buying an additional 282,700 shares in the last quarter. Raymond James Financial Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 23.2% in the first quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock valued at $191,029,000 after buying an additional 600,198 shares in the last quarter. Royal Bank of Canada raised its stake in First Trust Enhanced Short Maturity ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock valued at $157,833,000 after buying an additional 298,239 shares in the last quarter. Concorde Asset Management LLC raised its stake in First Trust Enhanced Short Maturity ETF by 1,243.9% in the first quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock valued at $69,717,000 after buying an additional 1,078,906 shares in the last quarter. Finally, Paragon Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at $63,815,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.92 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.14. The stock’s fifty day moving average is $60.02 and its two-hundred day moving average is $59.96.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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