First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Concorde Asset Management LLC

Concorde Asset Management LLC trimmed its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 65.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,537 shares of the company’s stock after selling 66,760 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 1.0% of Concorde Asset Management LLC’s holdings, making the stock its 28th biggest position. Concorde Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FTSM. Newbridge Financial Services Group Inc. boosted its holdings 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 acquiring an additional 423 shares in the last quarter. Anchor Investment Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the first quarter valued at approximately $42,000. Blair William & Co. IL raised its holdings in First Trust Enhanced Short Maturity ETF by 195.9% during 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 in the last quarter. Blue Trust Inc. bought a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $46,000. Finally, Kelleher Financial Advisors acquired a new stake in First Trust Enhanced Short Maturity ETF in the third quarter worth approximately $55,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.73 on Friday. The business has a 50 day moving average price of $59.84 and a two-hundred day moving average price of $59.90. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.70 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 4th. Stockholders of record on Friday, July 31st will be paid a $0.206 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, July 31st.

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.