Kestra Private Wealth Services LLC Sells 36,024 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Kestra Private Wealth Services LLC lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 20.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 137,612 shares of the company’s stock after selling 36,024 shares during the period. Kestra Private Wealth Services LLC owned about 0.13% of First Trust Enhanced Short Maturity ETF worth $8,226,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after acquiring an additional 423 shares during the period. Blair William & Co. IL raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after purchasing an additional 482 shares during the period. Blue Trust Inc. bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $46,000. Kelleher Financial Advisors purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.90 on Friday. The stock has a fifty day simple moving average of $59.87 and a two-hundred day simple moving average of $59.93. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.74 and a 1-year high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.