First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 43.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,983 shares of the company’s stock after selling 34,880 shares during the quarter. Insight Advisors LLC PA’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,695,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FTSM. McGuire Investment Group LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 10.2% during the 3rd quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock worth $8,093,000 after acquiring an additional 12,466 shares in the last quarter. Synergy Asset Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 184.2% in the third quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock valued at $9,032,000 after purchasing an additional 97,749 shares in the last quarter. Csenge Advisory Group increased its stake in First Trust Enhanced Short Maturity ETF by 18.8% in the third quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock valued at $111,506,000 after purchasing an additional 294,703 shares during the last quarter. PKS Advisory Services LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 117.8% during the second quarter. PKS Advisory Services LLC now owns 10,379 shares of the company’s stock worth $621,000 after purchasing an additional 5,613 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 108.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock worth $23,581,000 after purchasing an additional 204,583 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.07 on Tuesday. The company has a fifty day simple moving average of $60.01 and a 200-day simple moving average of $60.01. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.73 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were paid a $0.205 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, January 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.