Triad Wealth Partners LLC Sells 80,908 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Triad Wealth Partners LLC lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 27.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,031 shares of the company’s stock after selling 80,908 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for about 1.0% of Triad Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Triad Wealth Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,615,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Paladin Wealth LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 3.2% in the 1st quarter. Paladin Wealth LLC now owns 22,562 shares of the company’s stock worth $1,349,000 after buying an additional 699 shares in the last quarter. Forty three Eighteen Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $395,000. Rockefeller Capital Management L.P. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 52.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 204,034 shares of the company’s stock valued at $12,228,000 after acquiring an additional 70,191 shares during the last quarter. OakTrust Wealth Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $265,000. Finally, BDFS Capital LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $63,291,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.87 on Friday. The company has a 50 day moving average price of $59.87 and a 200-day moving average price of $59.93. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.74 and a 52 week high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 29th were issued a $0.205 dividend. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a yield of 4.1%.

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.