Mainsail Financial Group LLC Boosts Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Mainsail Financial Group LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 245,046 shares of the company’s stock after purchasing an additional 15,189 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 8.5% of Mainsail Financial Group LLC’s investment portfolio, making the stock its 2nd biggest position. Mainsail Financial Group LLC owned 0.23% of First Trust Enhanced Short Maturity ETF worth $14,646,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GDS Wealth Management raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after buying an additional 989,192 shares during the last quarter. TCP Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $18,798,000. Holistic Planning LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1,689.7% in the fourth quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock worth $15,624,000 after acquiring an additional 246,803 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after purchasing an additional 206,449 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after purchasing an additional 182,844 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. The firm has a 50 day simple moving average of $59.86 and a 200 day simple moving average of $59.91. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were given a $0.226 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%.

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.