Cwm LLC Has $4.46 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Cwm LLC lessened its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.2% in the fourth quarter, HoldingsChannel reports. The fund owned 74,785 shares of the company’s stock after selling 16,609 shares during the quarter. Cwm LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $4,462,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. LPL Financial LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.3% in the third quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock valued at $518,318,000 after purchasing an additional 195,687 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3,702.2% in the fourth quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after purchasing an additional 2,911,719 shares in the last quarter. Csenge Advisory Group lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.9% in the third quarter. Csenge Advisory Group now owns 962,980 shares of the company’s stock valued at $57,220,000 after purchasing an additional 53,748 shares in the last quarter. Mariner LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.5% in the third quarter. Mariner LLC now owns 805,513 shares of the company’s stock valued at $47,864,000 after purchasing an additional 12,143 shares in the last quarter. Finally, Gradient Investments LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.0% in the third quarter. Gradient Investments LLC now owns 674,587 shares of the company’s stock valued at $40,084,000 after purchasing an additional 6,733 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.76 on Wednesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.40 and a twelve month high of $59.94. The stock’s 50 day moving average is $59.72 and its 200-day moving average is $59.69.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st were issued a $0.249 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.00%.

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.