Renaissance Technologies LLC Reduces Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Renaissance Technologies LLC lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 0.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,266,500 shares of the company’s stock after selling 1,200 shares during the quarter. Renaissance Technologies LLC owned approximately 1.23% of First Trust Enhanced Short Maturity ETF worth $75,483,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Sachetta LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $30,000. Register Financial Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter valued at approximately $38,000. YHB Investment Advisors Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter valued at approximately $47,000. Hilltop National Bank bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth $76,000. Finally, PSI Advisors LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after purchasing an additional 1,250 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $60.03 on Tuesday. The stock has a fifty day simple moving average of $59.88 and a two-hundred day simple moving average of $59.77. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.41 and a 12 month high of $60.06.

First Trust Enhanced Short Maturity ETF Dividend Announcement

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