NewEdge Advisors LLC Sells 49,478 Shares of First Trust Enhanced Short Maturity ETF $FTSM

NewEdge Advisors LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 297,430 shares of the company’s stock after selling 49,478 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $17,780,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 6.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock worth $206,000 after buying an additional 209 shares in the last quarter. Proactive Wealth Strategies LLC boosted its position in First Trust Enhanced Short Maturity ETF by 0.5% during the fourth quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after purchasing an additional 318 shares during the last quarter. Principal Securities Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 1.1% during the 4th quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock worth $1,885,000 after purchasing an additional 346 shares during the last quarter. Del Sette Capital Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 9.1% during the 1st quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock worth $256,000 after purchasing an additional 357 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its stake in shares of First Trust Enhanced Short Maturity ETF by 0.7% during the 1st quarter. Citizens Financial Group Inc. RI now owns 56,439 shares of the company’s stock worth $3,386,000 after purchasing an additional 371 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.90 on Thursday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.72 and a 12 month high of $60.14. The stock has a 50 day moving average of $59.84 and a 200-day moving average of $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were given a $0.203 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, June 30th.

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.