First Financial Group Corp Acquires New Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

First Financial Group Corp acquired a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 15,358 shares of the company’s stock, valued at approximately $918,000. First Trust Enhanced Short Maturity ETF comprises 1.0% of First Financial Group Corp’s portfolio, making the stock its 25th largest holding.

Other hedge funds also recently made changes to their positions in the company. WR Wealth Planners LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 1.7% in the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after purchasing an additional 207 shares during the period. TFG Advisers LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 5.1% in the 4th quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock worth $254,000 after purchasing an additional 208 shares during the period. World Equity Group Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 2.0% in the 4th quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after purchasing an additional 271 shares during the period. Sunbelt Securities Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after purchasing an additional 339 shares during the period. Finally, Client First Investment Management LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 11.4% in the 4th quarter. Client First Investment Management LLC now owns 4,874 shares of the company’s stock worth $291,000 after purchasing an additional 498 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.91 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The business has a 50 day simple moving average of $59.88 and a two-hundred day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were issued a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.