Commonwealth Equity Services LLC Reduces Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Commonwealth Equity Services LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,448,606 shares of the company’s stock after selling 72,748 shares during the quarter. Commonwealth Equity Services LLC owned about 1.11% of First Trust Enhanced Short Maturity ETF worth $86,062,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FTSM. Bank of New York Mellon Corp purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $210,000. Blair William & Co. IL boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,194.0% during the 1st quarter. Blair William & Co. IL now owns 30,809 shares of the company’s stock valued at $1,834,000 after acquiring an additional 28,428 shares during the last quarter. Equitable Holdings Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 13.7% during the 1st quarter. Equitable Holdings Inc. now owns 14,366 shares of the company’s stock valued at $855,000 after acquiring an additional 1,730 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $15,033,000. Finally, Worth Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $228,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ FTSM traded up $0.01 during trading hours on Friday, reaching $59.63. The company had a trading volume of 1,469,732 shares, compared to its average volume of 1,437,084. The stock has a 50-day moving average of $59.56 and a 200 day moving average of $59.57. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.34 and a 1-year high of $59.76.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 3rd. Stockholders of record on Wednesday, November 1st were given a dividend of $0.244 per share. The ex-dividend date was Tuesday, October 31st. This represents a $2.93 annualized dividend and a dividend yield of 4.91%.

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.