Beacon Financial Advisory LLC Grows Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Beacon Financial Advisory LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 73.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,010 shares of the company’s stock after acquiring an additional 15,645 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 1.1% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its 15th largest holding. Beacon Financial Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,208,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FTSM. Tower Research Capital LLC TRC bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter worth $28,000. Key Financial Inc bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $43,000. FMR LLC grew its position in First Trust Enhanced Short Maturity ETF by 71,500.0% during the 1st quarter. FMR LLC now owns 716 shares of the company’s stock valued at $43,000 after purchasing an additional 715 shares during the last quarter. Parkside Financial Bank & Trust bought a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $48,000. Finally, Salem Investment Counselors Inc. purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $58,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ FTSM opened at $59.64 on Thursday. The firm’s 50 day moving average price is $59.75 and its 200-day moving average price is $59.68. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.40 and a 52-week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, April 1st were paid a dividend of $0.249 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.99 annualized dividend and a yield of 5.01%.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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