First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 48.8% in the third quarter, Holdings Channel.com reports. The firm owned 12,208 shares of the company’s stock after selling 11,655 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $731,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FTSM. Paragon Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $63,815,000. Csenge Advisory Group grew its holdings in First Trust Enhanced Short Maturity ETF by 32.3% during the second quarter. Csenge Advisory Group now owns 1,566,530 shares of the company’s stock worth $93,678,000 after acquiring an additional 382,650 shares during the period. Summit Financial Wealth Advisors LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth $20,026,000. First Trust Advisors LP lifted its holdings in First Trust Enhanced Short Maturity ETF by 22.2% in the second quarter. First Trust Advisors LP now owns 1,442,892 shares of the company’s stock valued at $86,386,000 after acquiring an additional 261,933 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 108.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock valued at $23,581,000 after acquiring an additional 204,583 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

NASDAQ:FTSM opened at $60.12 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.14. The firm’s fifty day simple moving average is $60.00 and its 200-day simple moving average is $60.00.

First Trust Enhanced Short Maturity ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a dividend of $0.20 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, December 29th.

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.