First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Holdings Lowered by FSC Wealth Advisors LLC

FSC Wealth Advisors LLC cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.3% in the third quarter, Holdings Channel.com reports. The fund owned 207,521 shares of the company’s stock after selling 2,809 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 8.9% of FSC Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. FSC Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,424,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth about $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $36,000. Register Financial Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $38,000. Hilltop National Bank purchased a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $76,000. Finally, PSI Advisors LLC lifted its stake in 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 buying an additional 1,250 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.98 on Wednesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.43 and a twelve month high of $60.16. The stock has a 50 day moving average of $59.97 and a two-hundred day moving average of $59.82.

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 paid a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date was Friday, August 30th.

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.