G&S Capital LLC Sells 52,731 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

G&S Capital LLC cut its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 83.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,825 shares of the company’s stock after selling 52,731 shares during the quarter. G&S Capital LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $645,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Key Client Fiduciary Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 6.0% during the first quarter. Key Client Fiduciary Advisors LLC now owns 43,796 shares of the company’s stock worth $2,611,000 after buying an additional 2,491 shares during the last quarter. Brookstone Capital Management raised its holdings in First Trust Enhanced Short Maturity ETF by 17.6% during the first quarter. Brookstone Capital Management now owns 6,513 shares of the company’s stock worth $388,000 after buying an additional 974 shares during the last quarter. Global Assets Advisory LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 5,869.7% during the first quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock worth $46,707,000 after buying an additional 770,283 shares during the last quarter. International Assets Investment Management LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 9.7% during the first quarter. International Assets Investment Management LLC now owns 54,989 shares of the company’s stock worth $3,278,000 after buying an additional 4,866 shares during the last quarter. Finally, Sebold Capital Management Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 11.0% during the first quarter. Sebold Capital Management Inc. now owns 83,371 shares of the company’s stock worth $4,971,000 after buying an additional 8,295 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

Shares of FTSM stock opened at $59.80 on Thursday. The firm has a 50-day moving average of $59.72 and a 200-day moving average of $59.73. First Trust Enhanced Short Maturity ETF has a one year low of $59.40 and a one year high of $59.94.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 4th. Stockholders of record on Friday, May 31st were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $3.00 annualized dividend and a dividend yield of 5.02%. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.25.

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.