First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Park Square Financial Group LLC

Park Square Financial Group LLC reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 45.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,855 shares of the company’s stock after selling 23,115 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 7.2% of Park Square Financial Group LLC’s investment portfolio, making the stock its 3rd biggest position. Park Square Financial Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,669,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares in the last quarter. CX Institutional acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $35,000. SouthState Bank Corp bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $48,000. Root Financial Partners LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth $113,000. Finally, Dunhill Financial LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 3,048.5% in the third quarter. Dunhill Financial LLC now owns 2,141 shares of the company’s stock worth $128,000 after purchasing an additional 2,073 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.94 on Monday. The business has a fifty day moving average of $60.01 and a 200-day moving average of $60.01. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Friday, February 27th will be paid a dividend of $0.191 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, February 27th.

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.