StoneX Group Inc. Has $11.95 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

StoneX Group Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 198,790 shares of the company’s stock after purchasing an additional 30,399 shares during the period. First Trust Enhanced Short Maturity ETF makes up approximately 1.1% of StoneX Group Inc.’s holdings, making the stock its 20th largest position. StoneX Group Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $11,951,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $36,000. Hilltop National Bank acquired a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $76,000. PSI Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares during the period. Finally, UMB Bank n.a. acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $84,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of FTSM opened at $59.93 on Friday. The company has a 50-day simple moving average of $59.94 and a 200-day simple moving average of $59.85. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were issued a $0.241 dividend. The ex-dividend date of this dividend was Thursday, October 31st.

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.