Columbia Advisory Partners LLC Sells 1,121 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Columbia Advisory Partners LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 21.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,177 shares of the company’s stock after selling 1,121 shares during the quarter. Columbia Advisory Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $249,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 3,702.2% during the fourth quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after purchasing an additional 2,911,719 shares during the period. First Trust Advisors LP increased its stake in First Trust Enhanced Short Maturity ETF by 821.2% in the fourth quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock valued at $103,272,000 after purchasing an additional 1,543,108 shares in the last quarter. Global Assets Advisory LLC increased its stake in First Trust Enhanced Short Maturity ETF by 5,869.7% in the first quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock valued at $46,707,000 after purchasing an additional 770,283 shares in the last quarter. Hansen & Associates Financial Group Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $36,551,000. Finally, GDS Wealth Management bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $23,473,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

NASDAQ:FTSM traded down $0.01 during trading hours on Wednesday, hitting $59.80. The stock had a trading volume of 184,581 shares, compared to its average volume of 835,723. First Trust Enhanced Short Maturity ETF has a one year low of $59.40 and a one year high of $59.94. The business’s 50 day moving average is $59.72 and its 200-day moving average is $59.73.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 4th. Stockholders of record on Friday, May 31st were given a dividend of $0.25 per share. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend was Friday, May 31st. This represents a $3.00 annualized dividend and a dividend yield of 5.02%.

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.