First Trust Enhanced Short Maturity ETF $FTSM Stock Holdings Reduced by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 320,988 shares of the company’s stock after selling 13,163 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 2.8% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. Summit Financial Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $19,237,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FTSM. EverSource Wealth Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 148,300.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after purchasing an additional 2,966 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $905,000. Jane Street Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $3,843,000. Bank of America Corp DE grew its position in shares of First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after buying an additional 110,033 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of First Trust Enhanced Short Maturity ETF by 6.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 43,630 shares of the company’s stock worth $2,612,000 after buying an additional 2,780 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.94 on Tuesday. The firm’s 50 day moving average price is $59.92 and its 200-day moving average price is $59.98. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.74 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were given a $0.208 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19.

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.