Cassia Capital Partners LLC Sells 9,287 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Cassia Capital Partners LLC reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,969 shares of the company’s stock after selling 9,287 shares during the period. First Trust Enhanced Short Maturity ETF comprises 5.1% of Cassia Capital Partners LLC’s investment portfolio, making the stock its 6th largest holding. Cassia Capital Partners LLC owned approximately 0.15% of First Trust Enhanced Short Maturity ETF worth $9,467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSM. Newbridge Financial Services Group Inc. boosted its position in First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after buying an additional 423 shares during the period. CX Institutional acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $35,000. Blue Trust Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at $46,000. SouthState Bank Corp bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $48,000. Finally, Kelleher Financial Advisors acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth $55,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14. The company’s fifty day moving average is $59.96 and its 200 day moving average is $59.99.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.