First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.6% during the third quarter, HoldingsChannel.com reports. The firm owned 8,144 shares of the company’s stock after selling 391 shares during the period. Lodestar Private Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $488,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers grew its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares in the last quarter. Jane Street Group LLC lifted its position in shares of 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 worth $42,094,000 after buying an additional 551,897 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $32,546,000. LPL Financial LLC raised its stake in First Trust Enhanced Short Maturity ETF by 6.6% during the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after acquiring an additional 530,475 shares during the period. Finally, GDS Wealth Management lifted its stake in First Trust Enhanced Short Maturity ETF by 211.0% in the second quarter. GDS Wealth Management now owns 482,854 shares of the company’s stock valued at $28,778,000 after buying an additional 327,579 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $60.03 on Wednesday. The company has a 50-day moving average price of $59.97 and a two-hundred day moving average price of $59.83. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.43 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend 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.