Concourse Financial Group Securities Inc. Sells 10,424 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Concourse Financial Group Securities Inc. decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 216,515 shares of the company’s stock after selling 10,424 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 0.8% of Concourse Financial Group Securities Inc.’s investment portfolio, making the stock its 20th largest position. Concourse Financial Group Securities Inc. owned approximately 0.21% of First Trust Enhanced Short Maturity ETF worth $13,016,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $34,000. Register Financial Advisors LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $38,000. Hilltop National Bank acquired a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $76,000. PSI Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares in the last quarter. Finally, UMB Bank n.a. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $84,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of NASDAQ:FTSM opened at $59.95 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.43 and a twelve month high of $60.16. The stock’s 50 day moving average is $59.95 and its 200-day moving average is $59.80.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a dividend of $0.247 per share. The ex-dividend date was Friday, August 30th. This represents a $2.96 annualized dividend and a yield of 4.94%.

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.