WealthShield Partners LLC Sells 542 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

WealthShield Partners LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,799 shares of the company’s stock after selling 542 shares during the period. WealthShield Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $287,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. World Equity Group Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after acquiring an additional 271 shares during the period. Marshall Investment Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $33,000. Crumly & Associates Inc. purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $744,000. Fairway Financial LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $5,774,000. Finally, Concurrent Investment Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 5.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 15,267 shares of the company’s stock valued at $913,000 after purchasing an additional 775 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.97 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The business’s fifty day simple moving average is $59.87 and its 200-day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a dividend of $0.226 per share. This represents a $2.71 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend was Friday, January 31st.

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.