Legacy Capital Wealth Partners LLC Lowers Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Legacy Capital Wealth Partners LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 71.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,985 shares of the company’s stock after selling 9,887 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $238,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FTSM. Key Financial Inc purchased a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $43,000. Parkside Financial Bank & Trust bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $48,000. Inspire Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $213,000. First Trust Direct Indexing L.P. purchased a new stake in First Trust Enhanced Short Maturity ETF in the third quarter worth about $224,000. Finally, OneAscent Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $238,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM opened at $59.79 on Tuesday. The company has a 50 day simple moving average of $59.73 and a two-hundred day simple moving average of $59.70. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.40 and a 1-year high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st were paid a $0.249 dividend. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend was Thursday, March 28th.

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.