First Trust Enhanced Short Maturity ETF $FTSM Shares Acquired by Dagco Inc.

Dagco Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 64.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,426 shares of the company’s stock after purchasing an additional 16,667 shares during the quarter. Dagco Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,525,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of FTSM. Citadel Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at about $4,849,000. NewEdge Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 6.7% in the second quarter. NewEdge Advisors LLC now owns 355,145 shares of the company’s stock valued at $21,213,000 after purchasing an additional 22,340 shares during the period. Sigma Planning Corp lifted its position in First Trust Enhanced Short Maturity ETF by 46.7% in the first quarter. Sigma Planning Corp now owns 101,163 shares of the company’s stock valued at $6,048,000 after buying an additional 32,207 shares during the last quarter. SageGuard Financial Group LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth approximately $5,012,000. Finally, Uptick Partners LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 23.4% during the first quarter. Uptick Partners LLC now owns 386,047 shares of the company’s stock worth $23,078,000 after purchasing an additional 73,323 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM traded down $0.01 during trading on Tuesday, hitting $59.66. The stock had a trading volume of 293,731 shares, compared to its average volume of 839,713. The firm has a 50 day moving average price of $59.72 and a 200 day moving average price of $59.80. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.49 and a twelve month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were paid a $0.2050 dividend. This represents a $2.46 annualized dividend and a dividend yield of 4.1%. 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.

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.