Kestra Private Wealth Services LLC Trims Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Kestra Private Wealth Services LLC lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 20.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 137,612 shares of the company’s stock after selling 36,024 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $8,226,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. raised 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 acquiring an additional 423 shares during the period. Blair William & Co. IL boosted its holdings in shares of 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 acquiring an additional 482 shares during the period. Blue Trust Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $46,000. Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $67,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

NASDAQ:FTSM opened at $59.90 on Friday. The business’s fifty day moving average is $59.87 and its 200 day moving average is $59.93. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.74 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were given a dividend of $0.205 per share. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.