Uncommon Cents Investing LLC Sells 265 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Uncommon Cents Investing LLC cut its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.1% in the 4th quarter, HoldingsChannel reports. The firm owned 22,895 shares of the company’s stock after selling 265 shares during the period. Uncommon Cents Investing LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,366,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $28,000. Key Financial Inc bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $43,000. FMR LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 71,500.0% during the first quarter. FMR LLC now owns 716 shares of the company’s stock worth $43,000 after acquiring an additional 715 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $48,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $58,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.62 on Friday. The firm’s fifty day moving average is $59.77 and its 200 day moving average is $59.68. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Monday, April 1st will be given a dividend of $0.249 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $2.99 annualized dividend and a yield of 5.01%.

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.