Sage Capital Advisors llc Sells 749 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sage Capital Advisors llc cut its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,734 shares of the company’s stock after selling 749 shares during the period. Sage Capital Advisors llc’s holdings in First Trust Enhanced Short Maturity ETF were worth $821,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FTSM. Envestnet Asset Management Inc. increased its position in First Trust Enhanced Short Maturity ETF by 10.3% in the second quarter. Envestnet Asset Management Inc. now owns 800,798 shares of the company’s stock worth $47,728,000 after buying an additional 74,877 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 15.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 25,789 shares of the company’s stock worth $1,537,000 after acquiring an additional 3,523 shares during the period. WealthPLAN Partners LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 3.1% during the second quarter. WealthPLAN Partners LLC now owns 76,909 shares of the company’s stock valued at $4,584,000 after purchasing an additional 2,289 shares in the last quarter. GDS Wealth Management boosted its position in shares of 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 worth $28,778,000 after purchasing an additional 327,579 shares during the period. Finally, Zega Financial LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth $1,043,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock traded up $0.01 during trading hours on Friday, hitting $59.83. The company’s stock had a trading volume of 647,394 shares, compared to its average volume of 758,906. The business has a 50 day moving average price of $59.86 and a two-hundred day moving average price of $59.89. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.233 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Friday, December 27th.

First Trust Enhanced Short Maturity ETF 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.