First Trust Enhanced Short Maturity ETF $FTSM is Mainsail Financial Group LLC’s 3rd Largest Position

Mainsail Financial Group LLC grew its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 290,390 shares of the company’s stock after acquiring an additional 19,681 shares during the period. First Trust Enhanced Short Maturity ETF comprises approximately 7.5% of Mainsail Financial Group LLC’s portfolio, making the stock its 3rd largest position. Mainsail Financial Group LLC owned 0.28% of First Trust Enhanced Short Maturity ETF worth $17,397,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. TFG Advisers LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 3.9% in the second quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock valued at $266,000 after purchasing an additional 168 shares during the period. 360 Financial Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 0.7% during the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock worth $1,700,000 after purchasing an additional 190 shares during the period. Global Retirement Partners LLC raised its position in First Trust Enhanced Short Maturity ETF by 3.1% in the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock valued at $405,000 after purchasing an additional 202 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.6% in the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock valued at $276,000 after buying an additional 244 shares during the period. Finally, Centerpoint Advisory Group boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.1% in the 2nd quarter. Centerpoint Advisory Group now owns 12,992 shares of the company’s stock valued at $778,000 after buying an additional 270 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.98 on Friday. The company’s 50 day moving average price is $59.98 and its 200 day moving average price is $59.99. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.