Benjamin Edwards Inc. Reduces Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Benjamin Edwards Inc. decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 29.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,431 shares of the company’s stock after selling 589 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $85,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. WCG Wealth Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the second quarter worth $1,922,000. Zega Financial LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth about $1,043,000. GDS Wealth Management grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 211.0% in the second quarter. GDS Wealth Management now owns 482,854 shares of the company’s stock worth $28,778,000 after purchasing an additional 327,579 shares during the last quarter. WealthPLAN Partners LLC increased its stake in First Trust Enhanced Short Maturity ETF by 3.1% in the 2nd quarter. WealthPLAN Partners LLC now owns 76,909 shares of the company’s stock worth $4,584,000 after buying an additional 2,289 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 15.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 25,789 shares of the company’s stock valued at $1,537,000 after buying an additional 3,523 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $60.08 on Monday. The firm has a 50-day moving average of $59.91 and a two-hundred day moving average of $59.78. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.41 and a 1 year high of $60.09.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were issued a $0.247 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.93%.

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.