Silver Oak Securities Incorporated Has $782,000 Position in First Trust Enhanced Short Maturity ETF $FTSM

Silver Oak Securities Incorporated lessened its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 51.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 13,088 shares of the company’s stock after selling 13,619 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Enhanced Short Maturity ETF were worth $782,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FTSM. Newbridge Financial Services Group Inc. increased its position in First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares during the period. Blair William & Co. IL grew its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after acquiring an additional 482 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $46,000. Kelleher Financial Advisors bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth $55,000. Finally, CIBC Private Wealth Group LLC bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.94 on Friday. The firm has a fifty day moving average price of $59.87 and a two-hundred day moving average price of $59.93. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.74 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.