Avantax Advisory Services Inc. Has $17.74 Million Position in First Trust Enhanced Short Maturity ETF $FTSM

Avantax Advisory Services Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 296,336 shares of the company’s stock after buying an additional 8,505 shares during the period. Avantax Advisory Services Inc. owned approximately 0.28% of First Trust Enhanced Short Maturity ETF worth $17,742,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Concorde Asset Management LLC increased its position in First Trust Enhanced Short Maturity ETF by 1,243.9% during the first quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock worth $69,717,000 after acquiring an additional 1,078,906 shares during the period. Paragon Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth $63,815,000. Raymond James Financial Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 23.2% during the 1st quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after purchasing an additional 600,198 shares during the period. IFP Advisors Inc increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 118.2% during the 1st quarter. IFP Advisors Inc now owns 770,064 shares of the company’s stock worth $46,081,000 after purchasing an additional 417,113 shares during the period. Finally, Csenge Advisory Group raised its position in shares of First Trust Enhanced Short Maturity ETF by 32.3% during the second quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock valued at $93,678,000 after buying an additional 382,650 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

NASDAQ FTSM opened at $59.98 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.14. The firm has a 50-day simple moving average of $60.02 and a 200 day simple moving average of $59.96.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 4th. Stockholders of record on Friday, October 31st were issued a dividend of $0.21 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, October 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.