First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Mattern Wealth Management LLC

Mattern Wealth Management LLC decreased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,205 shares of the company’s stock after selling 1,633 shares during the period. Mattern Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $910,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FTSM. LPL Financial LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after purchasing an additional 530,475 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after acquiring an additional 56,415 shares during the last quarter. Raymond James & Associates raised its position in shares of First Trust Enhanced Short Maturity ETF by 20.1% during the 2nd quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock worth $68,362,000 after acquiring an additional 192,229 shares in the last quarter. Finally, Csenge Advisory Group lifted its stake in First Trust Enhanced Short Maturity ETF by 5.2% during the second quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock worth $66,029,000 after purchasing an additional 54,665 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock remained flat at $59.98 during mid-day trading on Tuesday. 196,222 shares of the company’s stock traded hands, compared to its average volume of 837,394. First Trust Enhanced Short Maturity ETF has a one year low of $59.43 and a one year high of $60.16. The business has a 50-day moving average of $59.96 and a two-hundred day moving average of $59.82.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%. 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.