First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 282,542 shares of the company’s stock after selling 37,862 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.25% of First Trust Enhanced Short Maturity ETF worth $16,856,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FTSM. Key Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $43,000. Parkside Financial Bank & Trust acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $48,000. Inspire Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $213,000. First Trust Direct Indexing L.P. acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $224,000. Finally, OneAscent Wealth Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth $238,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM traded up $0.01 during midday trading on Monday, hitting $59.79. 713,349 shares of the company traded hands, compared to its average volume of 949,873. The business has a 50 day simple moving average of $59.72 and a two-hundred day simple moving average of $59.70. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.40 and a 52-week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, April 1st were paid a $0.249 dividend. This represents a $2.99 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date of this dividend was Thursday, March 28th.

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.