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

Flagship Harbor Advisors LLC cut its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 216,618 shares of the company’s stock after selling 19,774 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,978,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Prime Capital Investment Advisors LLC raised its stake in First Trust Enhanced Short Maturity ETF by 870.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 58,894 shares of the company’s stock valued at $3,526,000 after acquiring an additional 52,823 shares during the last quarter. First Financial Group Corp increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.3% in the second quarter. First Financial Group Corp now owns 15,549 shares of the company’s stock valued at $931,000 after purchasing an additional 643 shares during the period. Bellevue Asset Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 7.0% during the second quarter. Bellevue Asset Management LLC now owns 39,497 shares of the company’s stock worth $2,365,000 after purchasing an additional 2,596 shares during the last quarter. Clear Creek Financial Management LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 60.6% during the second quarter. Clear Creek Financial Management LLC now owns 47,918 shares of the company’s stock worth $2,869,000 after purchasing an additional 18,075 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 16.1% during the second quarter. Concurrent Investment Advisors LLC now owns 21,662 shares of the company’s stock worth $1,297,000 after purchasing an additional 3,011 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.94 on Thursday. The company’s fifty day moving average is $59.99 and its two-hundred day moving average is $60.00. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.73 and a 1 year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a $0.205 dividend. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

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.