Prosperity Consulting Group LLC Has $1.08 Million Stake in First Trust Enhanced Short Maturity ETF $FTSM

Prosperity Consulting Group LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,026 shares of the company’s stock after selling 1,018 shares during the period. Prosperity Consulting Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,079,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Bank of Montreal Can increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 108.9% during the second quarter. Bank of Montreal Can now owns 8,209 shares of the company’s stock worth $491,000 after buying an additional 4,279 shares in the last quarter. Great Lakes Retirement Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 10.9% during the second quarter. Great Lakes Retirement Inc. now owns 41,723 shares of the company’s stock worth $2,507,000 after buying an additional 4,095 shares in the last quarter. Tradewinds LLC. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $434,000. Assetmark Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 13.8% during the second quarter. Assetmark Inc. now owns 29,115 shares of the company’s stock worth $1,743,000 after buying an additional 3,533 shares in the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.6% during the second quarter. HBK Sorce Advisory LLC now owns 285,361 shares of the company’s stock worth $17,085,000 after buying an additional 1,796 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.92 on Wednesday. The firm has a 50 day simple moving average of $60.02 and a 200 day simple moving average of $59.96. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Friday, October 31st were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.