First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stake Lessened by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC trimmed its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 21.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,265 shares of the company’s stock after selling 5,015 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,094,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 6.6% during the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after purchasing an additional 530,475 shares during the last quarter. Cetera Investment Advisers raised its stake in 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 period. Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 4.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after acquiring an additional 56,415 shares during the last quarter. Raymond James & Associates boosted its stake in First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after acquiring an additional 192,229 shares during the period. Finally, Csenge Advisory Group grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.2% during the second quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock valued at $66,029,000 after purchasing an additional 54,665 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.1 %

NASDAQ:FTSM traded down $0.03 during midday trading on Friday, reaching $59.88. 636,708 shares of the company traded hands, compared to its average volume of 847,153. The company has a fifty day moving average price of $59.94 and a 200 day moving average price of $59.80. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.43 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were paid a dividend of $0.247 per share. This represents a $2.96 dividend on an annualized basis and a yield of 4.95%. 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.