Golden State Wealth Management LLC Has $2.90 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Golden State Wealth Management LLC decreased its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,439 shares of the company’s stock after selling 7,179 shares during the quarter. Golden State Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,899,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Beacon Financial Advisory LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 0.8% in the 1st quarter. Beacon Financial Advisory LLC now owns 36,855 shares of the company’s stock valued at $2,205,000 after buying an additional 276 shares in the last quarter. Holistic Planning LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 15.2% in the 1st quarter. Holistic Planning LLC now owns 301,261 shares of the company’s stock valued at $18,027,000 after buying an additional 39,852 shares in the last quarter. Capasso Planning Partners LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 219.0% in the 1st quarter. Capasso Planning Partners LLC now owns 179,171 shares of the company’s stock valued at $10,722,000 after buying an additional 123,012 shares in the last quarter. Western Wealth Management LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 1.2% in the 1st quarter. Western Wealth Management LLC now owns 301,889 shares of the company’s stock valued at $18,065,000 after buying an additional 3,684 shares in the last quarter. Finally, Daymark Wealth Partners LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 562.1% in the 1st quarter. Daymark Wealth Partners LLC now owns 85,674 shares of the company’s stock valued at $5,127,000 after buying an additional 72,735 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of FTSM stock opened at $59.88 on Friday. The stock’s fifty day simple moving average is $59.91 and its 200 day simple moving average is $59.89. First Trust Enhanced Short Maturity ETF has a one year low of $59.66 and a one year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Monday, June 30th were paid a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date of this dividend was Monday, June 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.