First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Tucker Asset Management LLC

Tucker Asset Management LLC decreased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 41.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 591,007 shares of the company’s stock after selling 422,978 shares during the period. First Trust Enhanced Short Maturity ETF comprises 8.7% of Tucker Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Tucker Asset Management LLC owned 0.54% of First Trust Enhanced Short Maturity ETF worth $35,301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Newbridge Financial Services Group Inc. increased its position in 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 worth $27,000 after purchasing an additional 423 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at approximately $42,000. Blair William & Co. IL lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after buying an additional 482 shares during the period. Kelleher Financial Advisors purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth $67,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.72 on Monday. The stock has a fifty day moving average price of $59.81 and a two-hundred day moving average price of $59.86. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.67 and a 1 year high of $60.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Monday, August 31st were given a dividend of $0.204 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, August 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.