First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Strid Group LLC

Strid Group LLC reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,605 shares of the company’s stock after selling 861 shares during the period. Strid Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,054,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. McGuire Investment Group LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 16.1% during the 2nd quarter. McGuire Investment Group LLC now owns 122,622 shares of the company’s stock worth $7,341,000 after purchasing an additional 16,968 shares during the last quarter. Orion Capital Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $374,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 12.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 436,040 shares of the company’s stock worth $26,093,000 after acquiring an additional 46,969 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.4% during the 1st quarter. Baird Financial Group Inc. now owns 281,261 shares of the company’s stock worth $16,831,000 after acquiring an additional 6,484 shares during the period. Finally, Silver Oak Securities Incorporated lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.9% during the 2nd quarter. Silver Oak Securities Incorporated now owns 25,860 shares of the company’s stock worth $1,548,000 after acquiring an additional 1,679 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

Shares of FTSM stock opened at $59.97 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.11. The firm’s 50-day simple moving average is $60.00 and its 200-day simple moving average is $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.213 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 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.