Concorde Asset Management LLC Has $676,000 Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Concorde Asset Management LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 62.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,335 shares of the company’s stock after selling 18,964 shares during the quarter. Concorde Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $676,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FTSM. Sachetta LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $30,000. Register Financial Advisors LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $38,000. YHB Investment Advisors Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter worth $47,000. Hilltop National Bank bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth $76,000. Finally, PSI Advisors LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% during the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $60.03 on Thursday. First Trust Enhanced Short Maturity ETF has a one year low of $59.41 and a one year high of $60.07. The company’s fifty day moving average price is $59.90 and its 200 day moving average price is $59.78.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Friday, August 30th were paid a $0.247 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%.

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.