Bellevue Asset Management LLC Sells 1,660 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Bellevue Asset Management LLC lessened its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,501 shares of the company’s stock after selling 1,660 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 1.4% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 14th biggest holding. Bellevue Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,784,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Edge Financial Advisors LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth $231,000. J.W. Cole Advisors Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 157.1% during the first quarter. J.W. Cole Advisors Inc. now owns 22,266 shares of the company’s stock worth $1,328,000 after acquiring an additional 13,607 shares in the last quarter. Private Advisor Group LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1.7% during the first quarter. Private Advisor Group LLC now owns 300,089 shares of the company’s stock worth $17,891,000 after purchasing an additional 4,967 shares during the last quarter. Centric Wealth Management boosted its holdings in First Trust Enhanced Short Maturity ETF by 2.5% during the first quarter. Centric Wealth Management now owns 12,962 shares of the company’s stock worth $772,000 after purchasing an additional 315 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in First Trust Enhanced Short Maturity ETF by 36.6% during the first quarter. BNP Paribas Financial Markets now owns 121,180 shares of the company’s stock worth $7,225,000 after purchasing an additional 32,467 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $60.03 on Thursday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.43 and a 12 month high of $60.16. The firm has a fifty day simple moving average of $59.98 and a 200 day simple moving average of $59.83.

First Trust Enhanced Short Maturity ETF Dividend Announcement

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

First Trust Enhanced Short Maturity ETF 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.