First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Guardian Wealth Advisors LLC NC

Guardian Wealth Advisors LLC NC lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 87.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,214 shares of the company’s stock after selling 48,983 shares during the period. Guardian Wealth Advisors LLC NC’s holdings in First Trust Enhanced Short Maturity ETF were worth $431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. grew its holdings in shares of 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 valued at $27,000 after purchasing an additional 423 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $42,000. Blair William & Co. IL lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after purchasing an additional 482 shares during the last quarter. Kelleher Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $55,000. Finally, CIBC Private Wealth Group LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $67,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.67 and a 12 month high of $60.91. The stock has a fifty day moving average price of $59.81 and a 200 day moving average price of $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Monday, August 31st were given a dividend of $0.204 per share. The ex-dividend date was Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.