First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Mattern Wealth Management LLC

Mattern Wealth Management LLC trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,205 shares of the company’s stock after selling 1,633 shares during the period. Mattern Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $910,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Abich Financial Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $34,000. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $36,000. Register Financial Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the first quarter valued at approximately $38,000. Hilltop National Bank purchased a new position in First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $76,000. Finally, PSI Advisors LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM remained flat at $59.98 during trading hours on Tuesday. The company’s stock had a trading volume of 196,222 shares, compared to its average volume of 837,394. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.43 and a 12 month high of $60.16. The business’s 50-day moving average price is $59.96 and its 200-day moving average price is $59.82.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Investors 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.