19,803 First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Family Capital Management Inc.

Family Capital Management Inc. cut its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 33.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,935 shares of the company’s stock after selling 19,803 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 0.9% of Family Capital Management Inc.’s portfolio, making the stock its 26th biggest position. Family Capital Management Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FTSM. Commonwealth Equity Services LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $75,573,000. Kirkwood Financial Services acquired a new position in First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $26,070,000. Second Line Capital LLC grew its stake in First Trust Enhanced Short Maturity ETF by 1,588.1% during the second quarter. Second Line Capital LLC now owns 351,126 shares of the company’s stock worth $21,044,000 after buying an additional 330,326 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $14,908,000. Finally, One Way Holdings LLC grew its stake in First Trust Enhanced Short Maturity ETF by 101.9% during the third quarter. One Way Holdings LLC now owns 423,840 shares of the company’s stock worth $25,223,000 after buying an additional 213,956 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.66 on Monday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.49 and a 52-week high of $60.91. The firm has a fifty day moving average of $59.67 and a 200-day moving average of $59.83.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Friday, October 30th were issued a dividend of $0.2140 per share. This represents a $2.57 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, October 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050.

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.