DHJJ Financial Advisors Ltd. Lowers Stake in First Trust Enhanced Short Maturity ETF $FTSM

DHJJ Financial Advisors Ltd. lessened its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,558 shares of the company’s stock after selling 340 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in First Trust Enhanced Short Maturity ETF were worth $93,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTSM. Concorde Asset Management LLC grew its position in First Trust Enhanced Short Maturity ETF by 1,243.9% during the first quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock valued at $69,717,000 after acquiring an additional 1,078,906 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 23.2% in the first quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after buying an additional 600,198 shares during the period. IFP Advisors Inc boosted its position in shares of First Trust Enhanced Short Maturity ETF by 118.2% in the first quarter. IFP Advisors Inc now owns 770,064 shares of the company’s stock worth $46,081,000 after buying an additional 417,113 shares during the period. Hansen & Associates Financial Group Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 43.8% in the first quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after buying an additional 391,525 shares during the period. Finally, Flagship Harbor Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,469.9% in the first quarter. Flagship Harbor Advisors LLC now owns 323,099 shares of the company’s stock worth $19,334,000 after buying an additional 302,518 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of NASDAQ FTSM opened at $59.97 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.69 and a 1-year high of $60.11. The business has a 50-day moving average of $60.00 and a 200-day moving average of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.