Lunt Capital Management Inc. Sells 1,003 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Lunt Capital Management Inc. trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,447 shares of the company’s stock after selling 1,003 shares during the quarter. Lunt Capital Management Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $446,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $34,000. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $36,000. Hilltop National Bank bought a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth about $76,000. PSI Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 1,893.9% in the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares during the period. Finally, UMB Bank n.a. bought a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $84,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $60.01 on Monday. The company’s 50-day simple moving average is $59.97 and its two-hundred day simple moving average is $59.83. First Trust Enhanced Short Maturity ETF has a one year low of $59.43 and a one year high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a dividend of $0.247 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.96 annualized dividend and a yield of 4.94%.

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.