Cwm LLC Has $4.46 Million Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Cwm LLC trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,785 shares of the company’s stock after selling 16,609 shares during the quarter. Cwm LLC owned 0.06% of First Trust Enhanced Short Maturity ETF worth $4,462,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSM. Key Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $43,000. Parkside Financial Bank & Trust acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $48,000. Inspire Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $213,000. First Trust Direct Indexing L.P. bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $224,000. Finally, TFG Advisers LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 9.4% during the 3rd quarter. TFG Advisers LLC now owns 3,819 shares of the company’s stock valued at $227,000 after acquiring an additional 328 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ:FTSM opened at $59.76 on Wednesday. The stock has a fifty day moving average price of $59.72 and a 200-day moving average price of $59.69. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.40 and a fifty-two week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st were given a dividend of $0.249 per share. The ex-dividend date was Thursday, March 28th. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.00%.

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.