First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Clear Point Advisors Inc.

Clear Point Advisors Inc. reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 31.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,782 shares of the company’s stock after selling 11,783 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 1.2% of Clear Point Advisors Inc.’s holdings, making the stock its 18th biggest position. Clear Point Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares during the last quarter. Blue Trust Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $46,000. SouthState Bank Corp purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $48,000. Kelleher Financial Advisors purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $55,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.78 on Monday. First Trust Enhanced Short Maturity ETF has a one year low of $59.74 and a one year high of $60.14. The company has a 50 day moving average price of $59.88 and a two-hundred day moving average price of $59.95.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th will be paid a $0.205 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, May 29th.

First Trust Enhanced Short Maturity ETF Profile

(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.

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

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