First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Bought by Mainsail Financial Group LLC

Mainsail Financial Group LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 170,678 shares of the company’s stock after acquiring an additional 1,943 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 7.0% of Mainsail Financial Group LLC’s portfolio, making the stock its 3rd largest holding. Mainsail Financial Group LLC owned about 0.16% of First Trust Enhanced Short Maturity ETF worth $10,176,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Mach 1 Financial Group LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $265,000. Dynamic Advisor Solutions LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $1,301,000. Cedrus LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 16.5% during the 4th quarter. Cedrus LLC now owns 14,220 shares of the company’s stock valued at $848,000 after acquiring an additional 2,010 shares during the period. ORBA Wealth Advisors L.L.C. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $12,675,000. Finally, Herold Advisors Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $770,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ FTSM opened at $59.64 on Thursday. The business has a 50 day moving average price of $59.71 and a 200 day moving average price of $59.73. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.41 and a 1-year high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Friday, June 28th were issued a $0.245 dividend. This represents a $2.94 annualized dividend and a yield of 4.93%. The ex-dividend date was Friday, June 28th.

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.