Farther Finance Advisors LLC Lowers Stock Position in First Trust Enhanced Short Maturity ETF $FTSM

Farther Finance Advisors LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 36.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,372 shares of the company’s stock after selling 35,278 shares during the period. Farther Finance Advisors LLC owned approximately 0.06% of First Trust Enhanced Short Maturity ETF worth $3,737,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares in the last quarter. Anderson Financial Strategies LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at $45,000. Flaharty Asset Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth $148,000. EverSource Wealth Advisors LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after purchasing an additional 2,966 shares during the period. Finally, Prostatis Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $223,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of NASDAQ FTSM opened at $60.07 on Thursday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.69 and a 52 week high of $60.14. The firm has a 50-day moving average price of $60.01 and a 200 day moving average price of $59.99.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 28th were issued a $0.20 dividend. The ex-dividend date was Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About First Trust Enhanced Short Maturity ETF

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.