First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC reduced its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,618 shares of the company’s stock after selling 19,774 shares during the quarter. Flagship Harbor Advisors LLC owned approximately 0.21% of First Trust Enhanced Short Maturity ETF worth $12,978,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. SouthState Bank Corp purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $48,000. IMG Wealth Management Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 8.4% during the third quarter. IMG Wealth Management Inc. now owns 59,351 shares of the company’s stock worth $3,556,000 after buying an additional 4,600 shares during the period. J.W. Cole Advisors Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 15.2% in the third quarter. J.W. Cole Advisors Inc. now owns 68,278 shares of the company’s stock valued at $4,091,000 after acquiring an additional 8,994 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 40.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 109,557 shares of the company’s stock worth $6,587,000 after acquiring an additional 31,417 shares during the last quarter. Finally, Bellevue Asset Management LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 51.2% in the third quarter. Bellevue Asset Management LLC now owns 59,713 shares of the company’s stock worth $3,577,000 after acquiring an additional 20,216 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.94 on Thursday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.73 and a 52 week high of $60.14. The company’s 50 day moving average is $59.99 and its two-hundred day moving average is $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were paid a dividend of $0.205 per share. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a yield of 4.1%. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

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.