Wealthcare Advisory Partners LLC Lowers Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Wealthcare Advisory Partners LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 25,801 shares of the company’s stock after selling 7,433 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,539,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Osborne Partners Capital Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $251,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $1,301,000. Cedrus LLC grew its position in First Trust Enhanced Short Maturity ETF by 16.5% in the 4th quarter. Cedrus LLC now owns 14,220 shares of the company’s stock worth $848,000 after purchasing an additional 2,010 shares during the period. Mach 1 Financial Group LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $265,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $450,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of FTSM stock traded up $0.01 during mid-day trading on Tuesday, reaching $59.66. 417,384 shares of the company’s stock traded hands, compared to its average volume of 945,414. The firm has a 50 day moving average price of $59.70 and a two-hundred day moving average price of $59.70. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.40 and a 12 month high of $59.94.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, May 3rd. Investors of record on Wednesday, May 1st were paid a dividend of $0.249 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Tuesday, April 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.