First Trust Enhanced Short Maturity ETF $FTSM Holdings Lowered by Golden State Equity Partners

Golden State Equity Partners trimmed its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 53.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,597 shares of the company’s stock after selling 11,057 shares during the quarter. Golden State Equity Partners’ holdings in First Trust Enhanced Short Maturity ETF were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. 360 Financial Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% during the 3rd quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock worth $1,713,000 after buying an additional 190 shares in the last quarter. Rathbones Group PLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 2.4% during the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock worth $506,000 after buying an additional 200 shares in the last quarter. PMV Capital Advisers LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after buying an additional 200 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 3.1% during the 3rd quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after buying an additional 202 shares in the last quarter. Finally, Brookstone Capital Management raised its position in shares of First Trust Enhanced Short Maturity ETF by 5.6% during the 3rd quarter. Brookstone Capital Management now owns 4,602 shares of the company’s stock worth $276,000 after buying an additional 244 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.97 on Monday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.74 and a 52 week high of $60.14. The firm’s 50-day moving average is $59.92 and its two-hundred day moving average is $59.97.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 2nd. Shareholders 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) dividend on an annualized basis and a dividend yield of 4.2%.

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.