FSC Wealth Advisors LLC Sells 99,329 Shares of First Trust Enhanced Short Maturity ETF $FTSM

FSC Wealth Advisors LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 49.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,879 shares of the company’s stock after selling 99,329 shares during the period. First Trust Enhanced Short Maturity ETF makes up 9.7% of FSC Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. FSC Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,986,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FTSM. Newbridge Financial Services Group Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares in the last quarter. CX Institutional bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $35,000. Blue Trust Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $46,000. SouthState Bank Corp bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $48,000. Finally, Kelleher Financial Advisors bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.74 and a twelve month high of $60.14. The company has a 50-day moving average of $59.93 and a 200-day moving average of $59.98.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were given a dividend of $0.208 per share. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19. The ex-dividend date was Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.