First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC lessened its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 7,926 shares of the company’s stock after selling 218 shares during the period. Lodestar Private Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $474,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tsfg LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $36,000. UMB Bank n.a. acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $84,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $91,000. Finally, Centaurus Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after buying an additional 527 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.82 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The company’s fifty day moving average price is $59.86 and its 200 day moving average price is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were paid a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Receive News & Ratings for First Trust Enhanced Short Maturity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Enhanced Short Maturity ETF and related companies with MarketBeat.com's FREE daily email newsletter.