First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 48.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,208 shares of the company’s stock after selling 11,655 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $731,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. McGuire Investment Group LLC boosted its position in First Trust Enhanced Short Maturity ETF by 10.2% during the third quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock worth $8,093,000 after acquiring an additional 12,466 shares during the last quarter. Synergy Asset Management LLC increased its stake in First Trust Enhanced Short Maturity ETF by 184.2% in the third quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock valued at $9,032,000 after purchasing an additional 97,749 shares during the last quarter. Csenge Advisory Group raised its holdings in First Trust Enhanced Short Maturity ETF by 18.8% during the third quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after purchasing an additional 294,703 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 51.4% during the 2nd quarter. Mutual Advisors LLC now owns 124,908 shares of the company’s stock worth $7,497,000 after buying an additional 42,424 shares during the last quarter. Finally, Balboa Wealth Partners boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 28.6% in the 2nd quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock valued at $291,000 after buying an additional 1,083 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

NASDAQ FTSM opened at $60.12 on Friday. The firm’s fifty day moving average price is $60.00 and its 200 day moving average price is $60.00. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 29th. 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.