HBK Sorce Advisory LLC Sells 3,091 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

HBK Sorce Advisory LLC decreased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 292,630 shares of the company’s stock after selling 3,091 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises approximately 0.6% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 18th largest holding. HBK Sorce Advisory LLC owned about 0.28% of First Trust Enhanced Short Maturity ETF worth $17,441,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Sachetta LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $30,000. Register Financial Advisors LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at $38,000. YHB Investment Advisors Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter valued at $47,000. Hilltop National Bank bought a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at $76,000. Finally, PSI Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

FTSM opened at $59.98 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.41 and a 1-year high of $60.06. The company has a fifty day moving average price of $59.87 and a two-hundred day moving average price of $59.77.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Friday, August 30th were given a dividend of $0.247 per share. This represents a $2.96 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend was Friday, August 30th.

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.