B. Riley Wealth Advisors Inc. Cuts Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

B. Riley Wealth Advisors Inc. decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,227 shares of the company’s stock after selling 83,560 shares during the period. B. Riley Wealth Advisors Inc. owned 0.06% of First Trust Enhanced Short Maturity ETF worth $3,485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FTSM. LPL Financial LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after purchasing an additional 530,475 shares during the last quarter. First Trust Advisors LP boosted its holdings in First Trust Enhanced Short Maturity ETF by 821.2% in the fourth quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock worth $103,272,000 after acquiring an additional 1,543,108 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust Enhanced Short Maturity ETF by 453.9% during 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 last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after acquiring an additional 56,415 shares in the last quarter. Finally, Raymond James & Associates raised its position in shares of First Trust Enhanced Short Maturity ETF by 20.1% in the 2nd quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after purchasing an additional 192,229 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

FTSM stock opened at $59.87 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.41 and a 52 week high of $60.16. The firm has a 50 day moving average of $59.94 and a 200 day moving average of $59.80.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 annualized dividend and a dividend yield of 4.95%. The ex-dividend date of this dividend was Friday, August 30th.

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.