First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Paladin Wealth LLC

Paladin Wealth LLC lowered its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,961 shares of the company’s stock after selling 3,704 shares during the period. First Trust Enhanced Short Maturity ETF accounts for 1.2% of Paladin Wealth LLC’s investment portfolio, making the stock its 19th largest holding. Paladin Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,432,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GDS Wealth Management raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after buying an additional 989,192 shares during the last quarter. TCP Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $18,798,000. Holistic Planning LLC raised its stake in First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after acquiring an additional 246,803 shares during the last quarter. JPMorgan Chase & Co. raised its stake in First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after acquiring an additional 206,449 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in First Trust Enhanced Short Maturity ETF by 56.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after acquiring an additional 182,844 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.82 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The stock’s 50 day simple moving average is $59.86 and its 200-day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a $0.226 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.71 annualized dividend and a yield of 4.53%.

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.