Wealthcare Advisory Partners LLC Sells 8,933 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Wealthcare Advisory Partners LLC reduced its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 56,276 shares of the company’s stock after selling 8,933 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

NASDAQ FTSM opened at $59.82 on Thursday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.70 and a 52 week high of $60.14. The firm’s 50-day simple moving average is $59.82 and its two-hundred day simple moving average is $59.89.

First Trust Enhanced Short Maturity ETF Dividend Announcement

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

First Trust Enhanced Short Maturity ETF 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.