Family Capital Management Inc. Sells 232 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Family Capital Management Inc. lowered its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 0.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,502 shares of the company’s stock after selling 232 shares during the period. First Trust Enhanced Short Maturity ETF comprises about 1.1% of Family Capital Management Inc.’s portfolio, making the stock its 20th biggest position. Family Capital Management Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,066,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Anderson Financial Strategies LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $45,000. Salomon & Ludwin LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $60,000. SVB Wealth LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $132,000. Flaharty Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $148,000. Finally, Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $200,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $60.08 on Wednesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.69 and a twelve month high of $60.11. The stock’s fifty day simple moving average is $60.02 and its 200 day simple moving average is $59.95.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were given a $0.213 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 30th.

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.