American Financial Advisors LLC Sells 290 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

American Financial Advisors LLC trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,111 shares of the company’s stock after selling 290 shares during the quarter. American Financial Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTSM. Bank of New York Mellon Corp bought a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $210,000. Blair William & Co. IL lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,194.0% in the first quarter. Blair William & Co. IL now owns 30,809 shares of the company’s stock valued at $1,834,000 after purchasing an additional 28,428 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 13.7% in the first quarter. Equitable Holdings Inc. now owns 14,366 shares of the company’s stock valued at $855,000 after purchasing an additional 1,730 shares in the last quarter. First Trust Advisors LP bought a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $15,033,000. Finally, Worth Asset Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter valued at approximately $228,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM remained flat at $59.71 on Friday. The company had a trading volume of 599,097 shares, compared to its average volume of 969,129. The business has a 50-day moving average price of $59.72 and a 200 day moving average price of $59.69. First Trust Enhanced Short Maturity ETF has a one year low of $59.40 and a one year high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, April 1st were given a dividend of $0.249 per share. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date was Thursday, March 28th.

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.