First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stake Boosted by Hansen & Associates Financial Group Inc.

Hansen & Associates Financial Group Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 31.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 802,550 shares of the company’s stock after acquiring an additional 190,510 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 27.6% of Hansen & Associates Financial Group Inc.’s portfolio, making the stock its 2nd biggest holding. Hansen & Associates Financial Group Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $47,920,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cambridge Advisors Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 1.1% during the fourth quarter. Cambridge Advisors Inc. now owns 16,513 shares of the company’s stock valued at $985,000 after purchasing an additional 175 shares in the last quarter. Naples Global Advisors LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 1st quarter. Naples Global Advisors LLC now owns 15,797 shares of the company’s stock valued at $945,000 after acquiring an additional 185 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its holdings in First Trust Enhanced Short Maturity ETF by 1.2% in the 1st quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 16,956 shares of the company’s stock worth $1,011,000 after acquiring an additional 200 shares in the last quarter. Centric Wealth Management raised its stake in First Trust Enhanced Short Maturity ETF by 2.5% during the 1st quarter. Centric Wealth Management now owns 12,962 shares of the company’s stock worth $772,000 after acquiring an additional 315 shares during the period. Finally, Calton & Associates Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 10.0% in the first quarter. Calton & Associates Inc. now owns 3,858 shares of the company’s stock worth $230,000 after purchasing an additional 350 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM traded up $0.05 during midday trading on Friday, reaching $59.79. The stock had a trading volume of 500,389 shares, compared to its average volume of 830,825. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.41 and a 12-month high of $59.94. The stock has a 50-day moving average of $59.72 and a 200-day moving average of $59.73.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 28th were given a $0.245 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $2.94 annualized dividend and a dividend yield of 4.92%.

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.