First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.0% in the first quarter, Holdings Channel reports. The institutional investor owned 49,512 shares of the company’s stock after selling 2,597 shares during the period. International Assets Investment Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,963,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. US Bancorp DE raised its position in First Trust Enhanced Short Maturity ETF by 298.0% during the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after buying an additional 873 shares during the last quarter. Armis Advisers LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $205,000. World Investment Advisors acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $212,000. CacheTech Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $213,000. Finally, Modern Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $235,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

NASDAQ:FTSM opened at $59.99 on Tuesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.58 and a fifty-two week high of $60.16. The firm’s fifty day simple moving average is $59.90 and its 200-day simple moving average is $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 3rd. Investors of record on Friday, May 30th were paid a $0.2275 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 4.55%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.21. The ex-dividend date was Friday, May 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.