TD Capital Management LLC Has $9.02 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

TD Capital Management LLC trimmed its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,538 shares of the company’s stock after selling 11,135 shares during the quarter. TD Capital Management LLC owned about 0.15% of First Trust Enhanced Short Maturity ETF worth $9,019,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FTSM. Newbridge Financial Services Group Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares during the last quarter. CX Institutional acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $35,000. SouthState Bank Corp bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $48,000. Kelleher Financial Advisors bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $55,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $67,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.91 on Wednesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.73 and a 12-month high of $60.14. The business has a 50 day moving average of $59.99 and a 200-day moving average of $60.00.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a dividend of $0.191 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, February 27th.

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.