MGO One Seven LLC Sells 11,705 Shares of First Trust Enhanced Short Maturity ETF $FTSM

MGO One Seven LLC lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,617 shares of the company’s stock after selling 11,705 shares during the quarter. MGO One Seven LLC owned 0.06% of First Trust Enhanced Short Maturity ETF worth $3,929,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. TFG Advisers LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.9% during the 2nd quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after buying an additional 168 shares during the period. Fairway Financial LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.3% during the 1st quarter. Fairway Financial LLC now owns 96,857 shares of the company’s stock worth $5,796,000 after buying an additional 248 shares during the period. Clear Point Advisors Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.7% during the 1st quarter. Clear Point Advisors Inc. now owns 37,048 shares of the company’s stock worth $2,210,000 after buying an additional 268 shares during the period. Beacon Financial Advisory LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.8% during the 1st quarter. Beacon Financial Advisory LLC now owns 36,855 shares of the company’s stock worth $2,205,000 after buying an additional 276 shares during the period. Finally, Southland Equity Partners LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 6.9% during the 2nd quarter. Southland Equity Partners LLC now owns 4,552 shares of the company’s stock worth $273,000 after buying an additional 295 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of FTSM opened at $60.02 on Tuesday. The stock has a fifty day moving average price of $60.00 and a two-hundred day moving average price of $59.94. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were given a $0.213 dividend. The ex-dividend date was Tuesday, September 30th. This represents a c) annualized dividend 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.