HBK Sorce Advisory LLC Has $15.82 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

HBK Sorce Advisory LLC decreased its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 263,766 shares of the company’s stock after selling 21,595 shares during the quarter. HBK Sorce Advisory LLC owned 0.26% of First Trust Enhanced Short Maturity ETF worth $15,818,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of FTSM. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 173,859 shares of the company’s stock valued at $10,404,000 after buying an additional 7,603 shares in the last quarter. SVB Wealth LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter worth approximately $132,000. Orion Capital Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter valued at approximately $374,000. TD Capital Management LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 10.5% in the 1st quarter. TD Capital Management LLC now owns 173,438 shares of the company’s stock valued at $10,379,000 after acquiring an additional 16,412 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 2.4% in the 1st quarter. Baird Financial Group Inc. now owns 281,261 shares of the company’s stock valued at $16,831,000 after acquiring an additional 6,484 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $60.05 on Tuesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.14. The firm’s 50 day moving average price is $60.01 and its two-hundred day moving average price is $59.98.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 28th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About First Trust Enhanced Short Maturity ETF

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.