First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Maia Wealth LLC

Maia Wealth LLC cut its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 34.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,050 shares of the company’s stock after selling 15,452 shares during the quarter. Maia Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,742,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FTSM. Newbridge Financial Services Group Inc. boosted its position in First Trust Enhanced Short Maturity ETF by 1,566.7% during 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. CX Institutional acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $35,000. SouthState Bank Corp acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $48,000. Root Financial Partners LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $113,000. Finally, Dunhill Financial LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 3,048.5% during the 3rd quarter. Dunhill Financial LLC now owns 2,141 shares of the company’s stock worth $128,000 after purchasing an additional 2,073 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14. The stock’s fifty day simple moving average is $59.99 and its 200-day simple moving average is $60.00.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were given a dividend of $0.191 per share. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 3.8%.

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.