First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC lowered its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 20.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,253 shares of the company’s stock after selling 1,823 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $434,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $45,000. Salomon & Ludwin LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $60,000. SVB Wealth LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $132,000. Flaharty Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $148,000. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $200,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of First Trust Enhanced Short Maturity ETF stock opened at $60.01 on Monday. The firm’s fifty day simple moving average is $60.00 and its 200-day simple moving average is $59.94. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were issued a $0.213 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 30th.

First Trust Enhanced Short Maturity ETF Company 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.