Citizens Financial Group Inc. RI Buys 834 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Citizens Financial Group Inc. RI boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.2% during the fourth quarter, Holdings Channel reports. The fund owned 72,913 shares of the company’s stock after acquiring an additional 834 shares during the period. Citizens Financial Group Inc. RI’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,350,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FTSM. International Assets Investment Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 3,702.2% during the 4th quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock worth $178,405,000 after acquiring an additional 2,911,719 shares during the last quarter. Avestar Capital LLC lifted its position in First Trust Enhanced Short Maturity ETF by 178.5% during the 3rd quarter. Avestar Capital LLC now owns 505,608 shares of the company’s stock valued at $30,043,000 after purchasing an additional 324,062 shares during the period. LPL Financial LLC lifted its position in First Trust Enhanced Short Maturity ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock valued at $518,318,000 after purchasing an additional 195,687 shares during the period. HBK Sorce Advisory LLC lifted its position in First Trust Enhanced Short Maturity ETF by 126.0% during the 4th quarter. HBK Sorce Advisory LLC now owns 273,944 shares of the company’s stock valued at $16,344,000 after purchasing an additional 152,755 shares during the period. Finally, IronBridge Private Wealth LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $7,784,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock traded up $0.02 during trading hours on Friday, reaching $59.78. 691,093 shares of the company’s stock traded hands, compared to its average volume of 952,794. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.40 and a fifty-two week high of $59.94. The firm’s 50 day moving average is $59.72 and its 200-day moving average is $59.70.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, April 1st were given a dividend of $0.249 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.99 dividend on an annualized basis and a yield of 5.00%.

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.