First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by EdgeRock Capital LLC

EdgeRock Capital LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 19.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,261 shares of the company’s stock after selling 2,674 shares during the quarter. EdgeRock Capital LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 2.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 207,056 shares of the company’s stock valued at $12,396,000 after acquiring an additional 4,349 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 26,514 shares of the company’s stock valued at $1,587,000 after purchasing an additional 725 shares in the last quarter. Sterling Manor Financial LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.9% during the 3rd quarter. Sterling Manor Financial LLC now owns 156,466 shares of the company’s stock valued at $9,368,000 after purchasing an additional 2,978 shares in the last quarter. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $177,000. Finally, Valmark Advisers Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF by 38.9% during the third quarter. Valmark Advisers Inc. now owns 20,799 shares of the company’s stock worth $1,245,000 after buying an additional 5,824 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.97 on Tuesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The firm’s fifty day moving average is $59.87 and its 200 day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were given a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend was Friday, January 31st.

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.