EdgeRock Capital LLC Sells 32,692 Shares of First Trust Enhanced Short Maturity ETF $FTSM

EdgeRock Capital LLC lowered its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 26.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 89,630 shares of the company’s stock after selling 32,692 shares during the period. First Trust Enhanced Short Maturity ETF makes up approximately 1.5% of EdgeRock Capital LLC’s portfolio, making the stock its 18th biggest holding. EdgeRock Capital LLC owned about 0.08% of First Trust Enhanced Short Maturity ETF worth $5,362,000 as of its most recent SEC filing.

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

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

NASDAQ FTSM opened at $59.88 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.74 and a 1 year high of $60.14. The company has a fifty day moving average price of $59.87 and a 200-day moving average price of $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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