TFB Advisors LLC Has $227,000 Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

TFB Advisors LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,793 shares of the company’s stock after selling 421 shares during the quarter. TFB Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $227,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FTSM. Onyx Bridge Wealth Group LLC raised its stake in First Trust Enhanced Short Maturity ETF by 33.7% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 4,702 shares of the company’s stock worth $282,000 after buying an additional 1,185 shares during the period. IMG Wealth Management Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.1% during the 2nd quarter. IMG Wealth Management Inc. now owns 54,751 shares of the company’s stock valued at $3,278,000 after purchasing an additional 2,145 shares in the last quarter. Stephens Inc. AR grew its position in shares of First Trust Enhanced Short Maturity ETF by 14.3% in the 2nd quarter. Stephens Inc. AR now owns 33,227 shares of the company’s stock valued at $1,989,000 after purchasing an additional 4,147 shares during the period. Balboa Wealth Partners increased its stake in First Trust Enhanced Short Maturity ETF by 28.6% during the 2nd quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock worth $291,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 1.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 25,318 shares of the company’s stock worth $1,519,000 after buying an additional 273 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Down 0.0%

FTSM opened at $60.09 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.11. The firm’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 company also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were given a dividend of $0.213 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 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.