EdgeRock Capital LLC Sells 32,692 Shares of First Trust Enhanced Short Maturity ETF $FTSM

EdgeRock Capital LLC cut its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 26.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 89,630 shares of the company’s stock after selling 32,692 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 1.5% of EdgeRock Capital LLC’s holdings, making the stock its 18th biggest position. EdgeRock Capital LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,362,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of FTSM. Signal Advisors Wealth LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 45.6% during the first quarter. Signal Advisors Wealth LLC now owns 15,015 shares of the company’s stock worth $898,000 after acquiring an additional 4,702 shares during the period. Balboa Wealth Partners boosted its position in First Trust Enhanced Short Maturity ETF by 564.2% in the first quarter. Balboa Wealth Partners now owns 304,852 shares of the company’s stock worth $18,224,000 after purchasing an additional 258,957 shares during the last quarter. Paladin Wealth LLC grew its stake in First Trust Enhanced Short Maturity ETF by 3.2% in the 1st quarter. Paladin Wealth LLC now owns 22,562 shares of the company’s stock valued at $1,349,000 after purchasing an additional 699 shares during the period. Forty three Eighteen Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $395,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of First Trust Enhanced Short Maturity ETF by 52.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 204,034 shares of the company’s stock valued at $12,228,000 after purchasing an additional 70,191 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

NASDAQ FTSM opened at $59.88 on Wednesday. The business’s fifty day moving average is $59.87 and its 200-day moving average is $59.93. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 29th were issued a dividend of $0.205 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, May 29th.

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.