First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Altium Investment Strategies LLC

Altium Investment Strategies LLC decreased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 218,879 shares of the company’s stock after selling 50,910 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for about 14.9% of Altium Investment Strategies LLC’s portfolio, making the stock its 3rd largest holding. Altium Investment Strategies LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $13,053,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Analysts LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 175.3% during the 2nd quarter. Capital Analysts LLC now owns 603 shares of the company’s stock worth $36,000 after purchasing an additional 384 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $42,000. CoreCap Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 16.9% in the second quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock valued at $74,000 after buying an additional 178 shares during the period. Mather Group LLC. acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $106,000. Finally, IFS Group LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $206,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.66 on Tuesday. The stock’s fifty day moving average price is $59.72 and its two-hundred day moving average price is $59.80. First Trust Enhanced Short Maturity ETF has a one year low of $59.49 and a one year high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were given a $0.2050 dividend. The ex-dividend date was Wednesday, September 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.1%.

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.