First Trust Enhanced Short Maturity ETF $FTSM Stake Lessened by Brookstone Capital Management

Brookstone Capital Management lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,358 shares of the company’s stock after selling 825 shares during the period. Brookstone Capital Management’s holdings in First Trust Enhanced Short Maturity ETF were worth $261,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.2% in the first quarter. LPL Financial LLC now owns 9,141,990 shares of the company’s stock valued at $547,057,000 after purchasing an additional 282,700 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 23.2% in the first quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock valued at $191,029,000 after purchasing an additional 600,198 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock valued at $157,833,000 after purchasing an additional 298,239 shares in the last quarter. Hansen & Associates Financial Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 43.8% during the first quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after acquiring an additional 391,525 shares in the last quarter. Finally, Csenge Advisory Group raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.0% during the first quarter. Csenge Advisory Group now owns 1,183,880 shares of the company’s stock worth $70,938,000 after acquiring an additional 55,898 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of NASDAQ:FTSM opened at $60.13 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.13. The business has a fifty day simple moving average of $60.03 and a 200 day simple moving average of $59.96.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were issued a dividend of $0.213 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 30th.

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.