Southland Equity Partners LLC Has $255,000 Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Southland Equity Partners LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.1% during the first quarter, HoldingsChannel reports. The fund owned 4,257 shares of the company’s stock after selling 181 shares during the quarter. Southland Equity Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. WR Wealth Planners LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.7% in the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after acquiring an additional 207 shares during the last quarter. World Equity Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the 4th quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after acquiring an additional 271 shares during the last quarter. Trustmark National Bank Trust Department increased its stake in First Trust Enhanced Short Maturity ETF by 0.6% in the 4th quarter. Trustmark National Bank Trust Department now owns 61,192 shares of the company’s stock valued at $3,657,000 after buying an additional 361 shares during the last quarter. Rathbones Group PLC increased its stake in First Trust Enhanced Short Maturity ETF by 6.1% in the 4th quarter. Rathbones Group PLC now owns 8,163 shares of the company’s stock valued at $488,000 after buying an additional 470 shares during the last quarter. Finally, Marshall Investment Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $33,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.90 on Friday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.58 and a 52 week high of $60.16. The firm has a 50-day moving average price of $59.89 and a two-hundred day moving average price of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Friday, May 30th were paid a $0.2275 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.73 annualized dividend and a yield of 4.56%.

About First Trust Enhanced Short Maturity ETF

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.