Cary Street Partners Financial LLC Sells 15,131 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Cary Street Partners Financial LLC lessened its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 55.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,972 shares of the company’s stock after selling 15,131 shares during the quarter. Cary Street Partners Financial LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $717,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. boosted its holdings in 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 acquiring an additional 423 shares in the last quarter. CX Institutional bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $35,000. SouthState Bank Corp purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $48,000. Root Financial Partners LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $113,000. Finally, EverSource Wealth Advisors LLC boosted 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 valued at $178,000 after purchasing an additional 2,966 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.2%

Shares of NASDAQ FTSM opened at $59.94 on Friday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.73 and a 1 year high of $60.14. The company’s 50-day moving average is $60.01 and its 200 day moving average is $60.01.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Friday, February 27th will be given a $0.191 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.