133,218 Shares in First Trust Enhanced Short Maturity ETF $FTSM Bought by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. purchased a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 133,218 shares of the company’s stock, valued at approximately $7,928,000. First Trust Enhanced Short Maturity ETF makes up about 2.0% of Ifrah Financial Services Inc.’s holdings, making the stock its 13th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $2,556,000. Midwest Financial Network LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the 3rd quarter. Midwest Financial Network LLC now owns 10,879 shares of the company’s stock worth $647,000 after acquiring an additional 216 shares during the last quarter. Castle Rock Wealth Management LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.5% in the 3rd quarter. Castle Rock Wealth Management LLC now owns 53,572 shares of the company’s stock worth $3,191,000 after acquiring an additional 3,279 shares during the last quarter. Gerald Baker Financial Group LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 53.9% in the 3rd quarter. Gerald Baker Financial Group LLC now owns 96,614 shares of the company’s stock worth $5,750,000 after acquiring an additional 33,851 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth $589,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.63 on Wednesday. The stock’s fifty day moving average is $59.73 and its 200-day moving average is $59.81. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.49 and a 12-month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were given a $0.2050 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date was Wednesday, September 30th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.1%.

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.