First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Brueske Advisory Services LLC

Brueske Advisory Services LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 31,366 shares of the company’s stock after selling 1,760 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 1.3% of Brueske Advisory Services LLC’s portfolio, making the stock its 17th biggest holding. Brueske Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,878,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FTSM. Concorde Asset Management LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,243.9% in the 1st quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock worth $69,717,000 after acquiring an additional 1,078,906 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 23.2% in the 1st quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after acquiring an additional 600,198 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 118.2% in the 1st quarter. IFP Advisors Inc now owns 770,064 shares of the company’s stock worth $46,081,000 after acquiring an additional 417,113 shares during the last quarter. Hansen & Associates Financial Group Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 43.8% in the 1st quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after acquiring an additional 391,525 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,469.9% in the 1st quarter. Flagship Harbor Advisors LLC now owns 323,099 shares of the company’s stock worth $19,334,000 after acquiring an additional 302,518 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of NASDAQ:FTSM opened at $59.91 on Wednesday. The firm’s 50-day moving average is $60.00 and its two-hundred day moving average is $59.94. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.213 per share. The ex-dividend date is Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About First Trust Enhanced Short Maturity ETF

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.