Twin Peaks Wealth Advisors LLC Cuts Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Twin Peaks Wealth Advisors LLC reduced its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.9% in the third quarter, Holdings Channel.com reports. The fund owned 107,020 shares of the company’s stock after selling 7,876 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 3.0% of Twin Peaks Wealth Advisors LLC’s portfolio, making the stock its 7th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,407,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of FTSM. Cambridge Advisors Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 1.0% in the 2nd quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock worth $1,005,000 after buying an additional 173 shares during the period. TAP Consulting LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1.3% during the second quarter. TAP Consulting LLC now owns 16,894 shares of the company’s stock valued at $1,007,000 after buying an additional 214 shares during the last quarter. Naples Global Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1.4% during the 2nd quarter. Naples Global Advisors LLC now owns 16,022 shares of the company’s stock worth $958,000 after acquiring an additional 225 shares in the last quarter. Willner & Heller LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 1.3% in the second quarter. Willner & Heller LLC now owns 19,091 shares of the company’s stock worth $1,138,000 after purchasing an additional 237 shares during the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.5% in the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock worth $1,025,000 after purchasing an additional 246 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock traded up $0.01 during midday trading on Wednesday, hitting $60.04. The company had a trading volume of 46,438 shares, compared to its average volume of 829,862. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.43 and a 12-month high of $60.16. The company has a fifty day simple moving average of $59.97 and a 200 day simple moving average of $59.83.

First Trust Enhanced Short Maturity ETF Announces Dividend

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