TAP Consulting LLC Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TAP Consulting LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 52.5% during the 3rd quarter, Holdings Channel reports. The firm owned 25,757 shares of the company’s stock after purchasing an additional 8,863 shares during the quarter. TAP Consulting LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,542,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $34,000. Register Financial Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF in the first quarter valued at $38,000. Hilltop National Bank bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $76,000. PSI Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares in the last quarter. Finally, UMB Bank n.a. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $84,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of FTSM traded up $0.06 during trading hours on Friday, hitting $59.96. The company had a trading volume of 607,033 shares, compared to its average volume of 845,605. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.43 and a 52-week high of $60.16. The stock’s 50 day moving average price is $59.95 and its 200 day moving average price is $59.80.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were paid a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date of this dividend was Friday, August 30th.

First Trust Enhanced Short Maturity ETF Company 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.