Triad Wealth Partners LLC Cuts Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Triad Wealth Partners LLC lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 27.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 211,031 shares of the company’s stock after selling 80,908 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 1.0% of Triad Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Triad Wealth Partners LLC owned 0.19% of First Trust Enhanced Short Maturity ETF worth $12,615,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in FTSM. Newbridge Financial Services Group Inc. grew its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after acquiring an additional 482 shares in the last quarter. Blue Trust Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $46,000. Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $55,000. Finally, CIBC Private Wealth Group LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14. The company’s 50-day moving average is $59.87 and its 200 day moving average is $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were paid a $0.205 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, May 29th.

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.