ProVise Management Group LLC Reduces Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

ProVise Management Group LLC decreased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,548 shares of the company’s stock after selling 255 shares during the quarter. ProVise Management Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $390,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Trust Advisors LP lifted its position in First Trust Enhanced Short Maturity ETF by 821.2% during the fourth quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock valued at $103,272,000 after purchasing an additional 1,543,108 shares during the period. Cetera Investment Advisers grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares during the period. Global Assets Advisory LLC increased its position 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 valued at $46,707,000 after acquiring an additional 770,283 shares during the last quarter. Hansen & Associates Financial Group Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $36,551,000. Finally, Jane Street Group LLC boosted its position in First Trust Enhanced Short Maturity ETF by 358.0% in the first quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock worth $42,094,000 after purchasing an additional 551,897 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ:FTSM opened at $60.08 on Friday. The firm’s 50 day moving average price is $59.91 and its 200-day moving average price is $59.78. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.41 and a twelve month high of $60.09.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Friday, August 30th were given a dividend of $0.247 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend was Friday, August 30th.

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.