NewEdge Advisors LLC Sells 14,103 Shares of First Trust Enhanced Short Maturity ETF $FTSM

NewEdge Advisors LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 332,805 shares of the company’s stock after selling 14,103 shares during the period. NewEdge Advisors LLC owned 0.31% of First Trust Enhanced Short Maturity ETF worth $19,895,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in First Trust Enhanced Short Maturity ETF by 11.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after buying an additional 876,866 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock worth $226,830,000 after buying an additional 3,600,586 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 4th quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock worth $178,708,000 after acquiring an additional 34,833 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after acquiring an additional 110,033 shares in the last quarter. Finally, Csenge Advisory Group increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.6% during the 4th quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock valued at $112,188,000 after acquiring an additional 10,743 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.79 on Friday. The stock’s 50 day simple moving average is $59.82 and its 200 day simple moving average is $59.89. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.70 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Friday, July 31st were issued a dividend of $0.206 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, July 31st.

First Trust Enhanced Short Maturity ETF Company Profile

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.