Assetmark Inc. Decreases Position in First Trust Enhanced Short Maturity ETF $FTSM

Assetmark Inc. lowered its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 34.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,180 shares of the company’s stock after selling 9,935 shares during the quarter. Assetmark Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,149,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTSM. Stephens Inc. AR grew its stake in First Trust Enhanced Short Maturity ETF by 14.3% during the 2nd quarter. Stephens Inc. AR now owns 33,227 shares of the company’s stock worth $1,989,000 after purchasing an additional 4,147 shares in the last quarter. Moloney Securities Asset Management LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.4% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 127,115 shares of the company’s stock valued at $7,610,000 after buying an additional 4,166 shares during the period. GGM Financials LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter worth about $8,565,000. Daymark Wealth Partners LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 10.3% during the second quarter. Daymark Wealth Partners LLC now owns 94,498 shares of the company’s stock worth $5,658,000 after buying an additional 8,824 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in shares of First Trust Enhanced Short Maturity ETF by 51.0% during the second quarter. Arkadios Wealth Advisors now owns 48,242 shares of the company’s stock worth $2,888,000 after buying an additional 16,292 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.06 on Friday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14. The company has a 50 day moving average of $60.01 and a 200 day moving average of $60.01.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were given a dividend of $0.205 per share. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.