First Trust Enhanced Short Maturity ETF $FTSM is Centerpoint Advisory Group’s 9th Largest Position

Centerpoint Advisory Group boosted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 146.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,160 shares of the company’s stock after purchasing an additional 39,878 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 3.0% of Centerpoint Advisory Group’s investment portfolio, making the stock its 9th largest holding. Centerpoint Advisory Group owned 0.06% of First Trust Enhanced Short Maturity ETF worth $4,015,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock valued at $518,664,000 after acquiring an additional 876,866 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Enhanced Short Maturity ETF by 1,953.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after buying an additional 3,600,586 shares during the period. Royal Bank of Canada increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 4th quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock valued at $178,708,000 after acquiring an additional 34,833 shares during the last quarter. Bank of America Corp DE raised its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after purchasing an additional 110,033 shares during the period. Finally, Csenge Advisory Group increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.6% during the 4th quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after buying an additional 10,743 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.0%

NASDAQ FTSM opened at $59.78 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.72 and a 1-year high of $60.14. The business’s 50-day simple moving average is $59.86 and its 200-day simple moving average is $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.203 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, June 30th.

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.