TAP Consulting LLC Raises Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TAP Consulting LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,894 shares of the company’s stock after purchasing an additional 214 shares during the period. TAP Consulting LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,007,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Cambridge Advisors Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.0% during the 2nd quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock worth $1,005,000 after purchasing an additional 173 shares in the last quarter. Naples Global Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.2% in the 1st quarter. Naples Global Advisors LLC now owns 15,797 shares of the company’s stock worth $945,000 after buying an additional 185 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its position in shares of 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 buying an additional 200 shares in the last quarter. Willner & Heller LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.3% in the 2nd quarter. Willner & Heller LLC now owns 19,091 shares of the company’s stock worth $1,138,000 after buying an additional 237 shares in the last quarter. Finally, Centric Wealth Management boosted its position in shares of First Trust Enhanced Short Maturity ETF by 2.5% in the 1st quarter. Centric Wealth Management now owns 12,962 shares of the company’s stock worth $772,000 after buying an additional 315 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock traded up $0.04 on Friday, hitting $59.95. The company’s stock had a trading volume of 965,686 shares, compared to its average volume of 846,251. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.41 and a 52-week high of $60.06. The firm has a fifty day moving average price of $59.84 and a 200-day moving average price of $59.76.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a $0.247 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a yield of 4.94%.

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.