First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Golden State Wealth Management LLC

Golden State Wealth Management LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,546 shares of the company’s stock after selling 2,893 shares during the period. Golden State Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $45,000. SVB Wealth LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $132,000. Flaharty Asset Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $148,000. Legacy Capital Wealth Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at $200,000. Finally, Prostatis Group LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $223,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.92 on Thursday. The firm has a fifty day moving average of $60.02 and a two-hundred day moving average of $59.96. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.69 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 4th. Shareholders of record on Friday, October 31st were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.