Epic Trust Investment Advisors LLC Trims Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Epic Trust Investment Advisors LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,766 shares of the company’s stock after selling 338 shares during the quarter. Epic Trust Investment Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Cambridge Advisors Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 1.1% in the fourth quarter. Cambridge Advisors Inc. now owns 16,513 shares of the company’s stock worth $985,000 after acquiring an additional 175 shares during the last quarter. Naples Global Advisors LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 1.6% during the fourth quarter. Naples Global Advisors LLC now owns 15,612 shares of the company’s stock worth $931,000 after acquiring an additional 250 shares during the last quarter. Strait & Sound Wealth Management LLC grew its position in First Trust Enhanced Short Maturity ETF by 2.3% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 16,643 shares of the company’s stock worth $989,000 after purchasing an additional 375 shares during the last quarter. Insight Advisors LLC PA increased its position in First Trust Enhanced Short Maturity ETF by 0.5% in the 4th quarter. Insight Advisors LLC PA now owns 96,801 shares of the company’s stock valued at $5,775,000 after acquiring an additional 505 shares during the period. Finally, Imprint Wealth LLC lifted its position in First Trust Enhanced Short Maturity ETF by 8.8% during the 4th quarter. Imprint Wealth LLC now owns 7,152 shares of the company’s stock worth $427,000 after acquiring an additional 577 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM traded down $0.24 during midday trading on Tuesday, reaching $59.55. The stock had a trading volume of 720,662 shares, compared to its average volume of 946,470. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.40 and a 12-month high of $59.94. The firm has a fifty day simple moving average of $59.73 and a two-hundred day simple moving average of $59.70.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, April 1st were paid a $0.249 dividend. This represents a $2.99 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend was Thursday, March 28th.

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.