Family Capital Management Inc. Has $2.07 Million Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Family Capital Management Inc. cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,502 shares of the company’s stock after selling 232 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 1.1% of Family Capital Management Inc.’s portfolio, making the stock its 20th biggest holding. Family Capital Management Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTSM. Concorde Asset Management LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 1,243.9% in the 1st quarter. Concorde Asset Management LLC now owns 1,165,643 shares of the company’s stock valued at $69,717,000 after acquiring an additional 1,078,906 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 23.2% during the 1st quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after buying an additional 600,198 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 118.2% during the 1st quarter. IFP Advisors Inc now owns 770,064 shares of the company’s stock worth $46,081,000 after buying an additional 417,113 shares in the last quarter. Hansen & Associates Financial Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 43.8% during the 1st quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after buying an additional 391,525 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock worth $157,833,000 after buying an additional 298,239 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $60.08 on Wednesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.69 and a 52 week high of $60.11. The stock has a fifty day moving average of $60.02 and a 200-day moving average of $59.95.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.