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

Concorde Asset Management LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 65.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,537 shares of the company’s stock after selling 66,760 shares during the period. First Trust Enhanced Short Maturity ETF makes up 1.0% of Concorde Asset Management LLC’s portfolio, making the stock its 28th biggest holding. Concorde Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,072,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FTSM. Transcendent Capital Group LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 17.0% during the fourth quarter. Transcendent Capital Group LLC now owns 178,156 shares of the company’s stock valued at $10,677,000 after purchasing an additional 25,828 shares during the last quarter. Opinicus Capital Inc. grew its position in First Trust Enhanced Short Maturity ETF by 39.6% in the fourth quarter. Opinicus Capital Inc. now owns 36,638 shares of the company’s stock worth $2,196,000 after buying an additional 10,394 shares during the last quarter. Clear Creek Financial Management LLC grew its position in First Trust Enhanced Short Maturity ETF by 55.6% in the fourth quarter. Clear Creek Financial Management LLC now owns 100,576 shares of the company’s stock worth $6,028,000 after buying an additional 35,921 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 12.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 242,953 shares of the company’s stock valued at $14,560,000 after buying an additional 26,335 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $2,048,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of NASDAQ:FTSM opened at $59.73 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.70 and a one year high of $60.14. The stock has a fifty day moving average of $59.84 and a 200-day moving average of $59.90.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 4th. Investors of record on Friday, July 31st will be issued a $0.206 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, July 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.