tru Independence LLC Has $362,000 Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

tru Independence LLC cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 90.6% in the first quarter, HoldingsChannel.com reports. The fund owned 6,069 shares of the company’s stock after selling 58,715 shares during the period. tru Independence LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $362,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Sachetta LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $30,000. Register Financial Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $38,000. Signal Advisors Wealth LLC bought a new position in First Trust Enhanced Short Maturity ETF during the first quarter worth about $205,000. Calton & Associates Inc. acquired a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at about $209,000. Finally, Claro Advisors LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter worth about $232,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ FTSM traded up $0.02 during mid-day trading on Tuesday, reaching $59.63. 195,363 shares of the company’s stock were exchanged, compared to its average volume of 831,315. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.41 and a twelve month high of $59.94. The business has a fifty day simple moving average of $59.72 and a 200 day simple moving average of $59.73.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 28th will be issued a $0.245 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 4.93%.

First Trust Enhanced Short Maturity ETF 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.