First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Advisory Alpha LLC

Advisory Alpha LLC lessened its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 78.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,298 shares of the company’s stock after selling 34,177 shares during the quarter. Advisory Alpha LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $554,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cambridge Advisors Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 1.0% during the second quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock worth $1,005,000 after buying an additional 173 shares in the last quarter. Naples Global Advisors LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the first quarter. Naples Global Advisors LLC now owns 15,797 shares of the company’s stock worth $945,000 after buying an additional 185 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its stake in First Trust Enhanced Short Maturity ETF by 1.2% during the first quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 16,956 shares of the company’s stock worth $1,011,000 after purchasing an additional 200 shares during the last quarter. TAP Consulting LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 1.3% during the second quarter. TAP Consulting LLC now owns 16,894 shares of the company’s stock worth $1,007,000 after purchasing an additional 214 shares during the last quarter. Finally, Willner & Heller LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 1.3% during the second quarter. Willner & Heller LLC now owns 19,091 shares of the company’s stock worth $1,138,000 after purchasing an additional 237 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.91 on Wednesday. The business’s fifty day moving average price is $59.94 and its 200 day moving average price is $59.80. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.41 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Dividend Announcement

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