First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stake Reduced by Twin Peaks Wealth Advisors LLC

Twin Peaks Wealth Advisors LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 107,020 shares of the company’s stock after selling 7,876 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 3.0% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Twin Peaks Wealth Advisors LLC owned about 0.10% of First Trust Enhanced Short Maturity ETF worth $6,407,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management boosted its holdings in First Trust Enhanced Short Maturity ETF by 17.6% in the first quarter. Brookstone Capital Management now owns 6,513 shares of the company’s stock worth $388,000 after purchasing an additional 974 shares during the last quarter. Claro Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $232,000. Mainsail Financial Group LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1.2% during the 1st quarter. Mainsail Financial Group LLC now owns 170,678 shares of the company’s stock valued at $10,176,000 after acquiring an additional 1,943 shares during the last quarter. Core Wealth Partners LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 13.1% in the first quarter. Core Wealth Partners LLC now owns 101,583 shares of the company’s stock valued at $6,056,000 after purchasing an additional 11,777 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in First Trust Enhanced Short Maturity ETF by 2.3% in the first quarter. Ashton Thomas Private Wealth LLC now owns 141,535 shares of the company’s stock worth $8,438,000 after purchasing an additional 3,171 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock traded up $0.01 during mid-day trading on Wednesday, reaching $60.04. 46,438 shares of the company’s stock traded hands, compared to its average volume of 829,862. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.43 and a 12-month high of $60.16. The stock has a 50 day moving average of $59.97 and a two-hundred day moving average of $59.83.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Friday, August 30th were issued a $0.247 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date of this dividend was Friday, August 30th.

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.