First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Cassia Capital Partners LLC

Cassia Capital Partners LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 157,969 shares of the company’s stock after selling 9,287 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 5.1% of Cassia Capital Partners LLC’s investment portfolio, making the stock its 6th largest position. Cassia Capital Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,467,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in First Trust Enhanced Short Maturity ETF by 10.7% during the second quarter. JPMorgan Chase & Co. now owns 161,039 shares of the company’s stock worth $9,641,000 after buying an additional 15,592 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 148,300.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after acquiring an additional 2,966 shares during the period. First Trust Advisors LP raised its position in shares of First Trust Enhanced Short Maturity ETF by 22.2% in the 2nd quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock worth $86,386,000 after acquiring an additional 261,933 shares in the last quarter. Gateway Wealth Partners LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 8.2% in the 2nd quarter. Gateway Wealth Partners LLC now owns 28,327 shares of the company’s stock worth $1,696,000 after acquiring an additional 2,139 shares in the last quarter. Finally, Proactive Wealth Strategies LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.3% in the 2nd quarter. Proactive Wealth Strategies LLC now owns 65,663 shares of the company’s stock valued at $3,931,000 after purchasing an additional 1,481 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. The stock’s 50-day moving average is $59.96 and its 200 day moving average is $59.99. First Trust Enhanced Short Maturity ETF has a one year low of $59.73 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 31st were paid a $0.208 dividend. This represents a c) annualized dividend and a yield of 4.2%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, March 31st.

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.