M&R Capital Management Inc. Sells 560 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

M&R Capital Management Inc. lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 28.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,415 shares of the company’s stock after selling 560 shares during the period. M&R Capital Management 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 institutional investors also recently modified their holdings of FTSM. Abich Financial Wealth Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth $34,000. Register Financial Advisors LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth $38,000. YHB Investment Advisors Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter worth about $47,000. Hilltop National Bank purchased a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth about $76,000. Finally, PSI Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM opened at $59.92 on Thursday. The company’s 50-day moving average price is $59.94 and its two-hundred day moving average price is $59.80. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.42 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a dividend of $0.247 per share. This represents a $2.96 annualized dividend and a yield of 4.95%. The ex-dividend date was Friday, August 30th.

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.