First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by FSC Wealth Advisors LLC

FSC Wealth Advisors LLC lowered its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 90.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,116 shares of the company’s stock after selling 90,763 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 10.4% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. FSC Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. 360 Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.7% in the third quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock worth $1,713,000 after buying an additional 190 shares during the period. Rathbones Group PLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.4% during the third quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock valued at $506,000 after acquiring an additional 200 shares during the period. PMV Capital Advisers LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock valued at $297,000 after acquiring an additional 200 shares in the last quarter. Proactive Wealth Strategies LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.5% in the 4th quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after acquiring an additional 318 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock worth $1,885,000 after purchasing an additional 346 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

NASDAQ FTSM opened at $59.90 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.74 and a twelve month high of $60.14. The firm’s 50 day moving average price is $59.87 and its two-hundred day moving average price is $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were given a $0.205 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, May 29th.

First Trust Enhanced Short Maturity ETF 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.