Osaic Holdings Inc. Sells 62,936 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Osaic Holdings Inc. lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,146,047 shares of the company’s stock after selling 62,936 shares during the quarter. Osaic Holdings Inc. owned approximately 1.10% of First Trust Enhanced Short Maturity ETF worth $68,629,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FTSM. Newbridge Financial Services Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares during the period. Anderson Financial Strategies LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $45,000. SVB Wealth LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $132,000. Flaharty Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $148,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after buying an additional 2,966 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $60.00 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.14. The business’s 50 day simple moving average is $60.00 and its 200 day simple moving average is $59.98.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Friday, November 28th were issued a $0.20 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, November 28th.

First Trust Enhanced Short Maturity ETF 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.