Avestar Capital LLC Has $5.82 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Avestar Capital LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 97,104 shares of the company’s stock after purchasing an additional 11,760 shares during the quarter. Avestar Capital LLC owned 0.09% of First Trust Enhanced Short Maturity ETF worth $5,819,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. 360 Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.7% in the 3rd quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock valued at $1,713,000 after purchasing an additional 190 shares in the last quarter. Rathbones Group PLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.4% in the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock valued at $506,000 after purchasing an additional 200 shares in the last quarter. PMV Capital Advisers LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock valued at $297,000 after purchasing an additional 200 shares in the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.5% in the 4th quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after purchasing an additional 318 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.1%

Shares of FTSM stock opened at $59.77 on Thursday. The stock’s fifty day moving average price is $59.87 and its two-hundred day moving average price is $59.95. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.74 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 29th were paid a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, May 29th.

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.