Wealth Enhancement Advisory Services LLC Sells 15,199 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Wealth Enhancement Advisory Services LLC reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 415,407 shares of the company’s stock after selling 15,199 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.40% of First Trust Enhanced Short Maturity ETF worth $24,908,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FTSM. Paragon Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at about $63,815,000. Csenge Advisory Group grew its stake in shares of First Trust Enhanced Short Maturity ETF by 32.3% in the 2nd quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock worth $93,678,000 after buying an additional 382,650 shares in the last quarter. Summit Financial Wealth Advisors LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $20,026,000. First Trust Advisors LP boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 22.2% in the 2nd quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock worth $86,386,000 after purchasing an additional 261,933 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 108.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock worth $23,581,000 after buying an additional 204,583 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of NASDAQ:FTSM opened at $60.04 on Thursday. The firm’s 50-day moving average is $59.99 and its 200 day moving average is $59.99. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.14.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a $0.20 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, December 29th.

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.