First Trust Enhanced Short Maturity ETF $FTSM Stock Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 239,861 shares of the company’s stock after selling 30,547 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $14,274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of FTSM. CoreCap Advisors LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after acquiring an additional 178 shares in the last quarter. Midwest Financial Network LLC raised its position in First Trust Enhanced Short Maturity ETF by 2.0% in the 3rd quarter. Midwest Financial Network LLC now owns 10,879 shares of the company’s stock valued at $647,000 after purchasing an additional 216 shares during the last quarter. Del Sette Capital Management LLC raised its position in First Trust Enhanced Short Maturity ETF by 9.1% in the 1st quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock valued at $256,000 after purchasing an additional 357 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in First Trust Enhanced Short Maturity ETF by 0.7% in the 1st quarter. Citizens Financial Group Inc. RI now owns 56,439 shares of the company’s stock valued at $3,386,000 after purchasing an additional 371 shares during the last quarter. Finally, Capital Analysts LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 175.3% in the second quarter. Capital Analysts LLC now owns 603 shares of the company’s stock valued at $36,000 after buying an additional 384 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.66 on Monday. The stock has a 50-day simple moving average of $59.67 and a 200 day simple moving average of $59.83. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.49 and a 12-month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 3rd. Shareholders of record on Friday, October 30th were given a $0.2140 dividend. This represents a $2.57 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, October 30th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050.

About First Trust Enhanced Short Maturity ETF

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.