GPS Wealth Strategies Group LLC Increases Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

GPS Wealth Strategies Group LLC raised its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,536 shares of the company’s stock after purchasing an additional 3,334 shares during the period. GPS Wealth Strategies Group LLC owned about 0.05% of First Trust Enhanced Short Maturity ETF worth $3,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. McGuire Investment Group LLC raised its position in First Trust Enhanced Short Maturity ETF by 16.1% in the 2nd quarter. McGuire Investment Group LLC now owns 122,622 shares of the company’s stock valued at $7,341,000 after purchasing an additional 16,968 shares in the last quarter. Orion Capital Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $374,000. Mutual Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 51.4% in the 2nd quarter. Mutual Advisors LLC now owns 124,908 shares of the company’s stock valued at $7,497,000 after purchasing an additional 42,424 shares in the last quarter. Balboa Wealth Partners raised its position in First Trust Enhanced Short Maturity ETF by 28.6% in the 2nd quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock valued at $291,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in First Trust Enhanced Short Maturity ETF by 2.4% in the 1st quarter. Baird Financial Group Inc. now owns 281,261 shares of the company’s stock valued at $16,831,000 after purchasing an additional 6,484 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

FTSM stock opened at $59.92 on Wednesday. The business’s 50-day moving average is $60.02 and its two-hundred day moving average is $59.96. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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