Sheets Smith Wealth Management Decreases Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sheets Smith Wealth Management lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,200 shares of the company’s stock after selling 500 shares during the period. Sheets Smith Wealth Management’s holdings in First Trust Enhanced Short Maturity ETF were worth $492,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. OLD Mission Capital LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 36.6% in the 4th quarter. OLD Mission Capital LLC now owns 10,102 shares of the company’s stock valued at $605,000 after purchasing an additional 2,704 shares in the last quarter. Park National Corp OH lifted its holdings in First Trust Enhanced Short Maturity ETF by 2.9% in the 1st quarter. Park National Corp OH now owns 173,384 shares of the company’s stock valued at $10,399,000 after purchasing an additional 4,877 shares in the last quarter. Wealthstreet Investment Advisors LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 129.7% in the 1st quarter. Wealthstreet Investment Advisors LLC now owns 8,270 shares of the company’s stock valued at $496,000 after purchasing an additional 4,670 shares in the last quarter. Kovack Advisors Inc. purchased a new position in First Trust Enhanced Short Maturity ETF in the 1st quarter valued at $391,000. Finally, Stratos Wealth Partners LTD. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 23.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 84,008 shares of the company’s stock worth $5,028,000 after acquiring an additional 15,972 shares during the last quarter.

Shares of FTSM traded up $0.02 during midday trading on Friday, reaching $60.05. The company had a trading volume of 1,076,650 shares, compared to its average volume of 809,384. The business has a 50 day simple moving average of $60.09. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.78 and a 1-year high of $60.17.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a dividend of $0.128 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.56%. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.13. The ex-dividend date was Friday, May 31st.

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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