Capasso Planning Partners LLC Reduces Stake in First Trust Enhanced Short Maturity ETF $FTSM

Capasso Planning Partners LLC lowered its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 21.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 156,115 shares of the company’s stock after selling 43,876 shares during the period. First Trust Enhanced Short Maturity ETF makes up 5.7% of Capasso Planning Partners LLC’s portfolio, making the stock its 5th largest holding. Capasso Planning Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,353,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FTSM. Newbridge Financial Services Group Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second 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 last quarter. CX Institutional bought a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $35,000. SouthState Bank Corp acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $48,000. Root Financial Partners LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $113,000. Finally, Dunhill Financial LLC increased its position in First Trust Enhanced Short Maturity ETF by 3,048.5% during the 3rd quarter. Dunhill Financial LLC now owns 2,141 shares of the company’s stock worth $128,000 after buying an additional 2,073 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Friday. The firm has a 50-day moving average of $60.00 and a 200-day moving average of $60.01. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were issued a $0.191 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.