First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Paragon Advisors LLC

Paragon Advisors LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 98.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,763 shares of the company’s stock after selling 1,047,130 shares during the period. Paragon Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,124,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. raised its position in 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 purchasing an additional 423 shares during the period. CX Institutional acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $35,000. Root Financial Partners LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $113,000. EverSource Wealth Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 148,300.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after buying an additional 2,966 shares during the last quarter. Finally, Encompass Wealth Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth about $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $60.10 on Thursday. First Trust Enhanced Short Maturity ETF has a one year low of $59.69 and a one year high of $60.14. The stock has a 50-day moving average price of $60.00 and a 200 day moving average price of $60.00.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) annualized dividend and a yield of 4.0%.

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.