TD Capital Management LLC Sells 38,840 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TD Capital Management LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,205 shares of the company’s stock after selling 38,840 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 1.1% of TD Capital Management LLC’s investment portfolio, making the stock its 22nd biggest position. TD Capital Management LLC owned approximately 0.17% of First Trust Enhanced Short Maturity ETF worth $10,621,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in First Trust Enhanced Short Maturity ETF by 821.2% during the fourth quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock worth $103,272,000 after acquiring an additional 1,543,108 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after buying an additional 1,321,695 shares in the last quarter. Global Assets Advisory LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 5,869.7% in the first quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock valued at $46,707,000 after acquiring an additional 770,283 shares in the last quarter. Hansen & Associates Financial Group Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $36,551,000. Finally, Jane Street Group LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 358.0% in the 1st quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock valued at $42,094,000 after purchasing an additional 551,897 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.91 on Friday. The business’s 50 day simple moving average is $59.84 and its 200 day simple moving average is $59.76. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.41 and a 1 year high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were given a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date was Friday, August 30th.

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.