TD Capital Management LLC Sells 17,120 Shares of First Trust Enhanced Short Maturity ETF $FTSM

TD Capital Management LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,418 shares of the company’s stock after selling 17,120 shares during the quarter. TD Capital Management LLC owned 0.13% of First Trust Enhanced Short Maturity ETF worth $7,996,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of FTSM. Newbridge Financial Services Group Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 1,566.7% during 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 last quarter. Blair William & Co. IL lifted its stake in First Trust Enhanced Short Maturity ETF by 195.9% in the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after purchasing an additional 482 shares during the last quarter. Blue Trust Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $46,000. Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $67,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

FTSM opened at $59.87 on Friday. The stock’s 50 day moving average price is $59.87 and its 200-day moving average price is $59.93. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year 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, June 2nd. Investors of record on Friday, May 29th were issued a dividend of $0.205 per share. The ex-dividend date was Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About First Trust Enhanced Short Maturity ETF

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.