First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Quad Cities Investment Group LLC

Quad Cities Investment Group LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 0.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 29,426 shares of the company’s stock after selling 281 shares during the period. First Trust Enhanced Short Maturity ETF comprises approximately 0.9% of Quad Cities Investment Group LLC’s portfolio, making the stock its 28th largest position. Quad Cities Investment Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,762,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSM. Abich Financial Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $36,000. Register Financial Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth about $38,000. Hilltop National Bank acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth about $76,000. Finally, PSI Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock traded up $0.01 during midday trading on Thursday, hitting $59.97. The company’s stock had a trading volume of 135,021 shares, compared to its average volume of 841,220. The firm has a 50-day simple moving average of $59.95 and a 200-day simple moving average of $59.81. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.43 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date of this dividend was Friday, August 30th.

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.