First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Bison Wealth LLC

Bison Wealth LLC cut its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 37.0% in the 4th quarter, Holdings Channel reports. The firm owned 9,310 shares of the company’s stock after selling 5,460 shares during the period. Bison Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $555,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $28,000. FMR LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 71,500.0% in the 1st quarter. FMR LLC now owns 716 shares of the company’s stock valued at $43,000 after acquiring an additional 715 shares in the last quarter. Key Financial Inc purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $43,000. Parkside Financial Bank & Trust purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $48,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $58,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.67 on Wednesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94. The firm has a 50 day simple moving average of $59.73 and a 200 day simple moving average of $59.69.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, April 1st were given a $0.249 dividend. The ex-dividend date was Thursday, March 28th. This represents a $2.99 annualized dividend and a dividend yield of 5.01%.

First Trust Enhanced Short Maturity ETF Company 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.