Csenge Advisory Group Sells 2,788 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Csenge Advisory Group reduced its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,127,982 shares of the company’s stock after selling 2,788 shares during the period. First Trust Enhanced Short Maturity ETF makes up 3.7% of Csenge Advisory Group’s holdings, making the stock its 4th largest position. Csenge Advisory Group’s holdings in First Trust Enhanced Short Maturity ETF were worth $67,420,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FTSM. GDS Wealth Management increased its position in First Trust Enhanced Short Maturity ETF by 204.9% during the 3rd 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 in the last quarter. TCP Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $18,798,000. Holistic Planning LLC increased its holdings 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 valued at $15,624,000 after purchasing an additional 246,803 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% in the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after purchasing an additional 206,449 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 56.7% in 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 period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.89 on Friday. The stock’s 50-day simple moving average is $59.86 and its 200-day simple moving average is $59.90. 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. Stockholders of record on Friday, January 31st were issued a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date was Friday, January 31st.

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.