Silver Oak Securities Incorporated Sells 13,619 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Silver Oak Securities Incorporated trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 51.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,088 shares of the company’s stock after selling 13,619 shares during the quarter. Silver Oak Securities Incorporated’s holdings in First Trust Enhanced Short Maturity ETF were worth $782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares in the last quarter. Blair William & Co. IL raised its stake 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 valued at $44,000 after buying an additional 482 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $46,000. Kelleher Financial Advisors bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $55,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $67,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.94 on Friday. The firm’s 50-day simple moving average is $59.87 and its 200-day simple moving average is $59.93. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.74 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders 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) dividend on an annualized basis and a yield of 4.1%.

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.