Columbia Advisory Partners LLC Sells 918 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Columbia Advisory Partners LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 19.2% in the second quarter, HoldingsChannel reports. The firm owned 3,856 shares of the company’s stock after selling 918 shares during the period. Columbia Advisory Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. LPL Financial LLC grew its position in First Trust Enhanced Short Maturity ETF by 3.2% in the 1st quarter. LPL Financial LLC now owns 9,141,990 shares of the company’s stock worth $547,057,000 after purchasing an additional 282,700 shares during the period. Raymond James Financial Inc. grew its position in First Trust Enhanced Short Maturity ETF by 23.2% in the 1st quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after purchasing an additional 600,198 shares during the period. Royal Bank of Canada grew its position in First Trust Enhanced Short Maturity ETF by 12.7% in the 1st quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock worth $157,833,000 after purchasing an additional 298,239 shares during the period. Hansen & Associates Financial Group Inc. grew its position in First Trust Enhanced Short Maturity ETF by 43.8% in the 1st quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock worth $76,966,000 after purchasing an additional 391,525 shares during the period. Finally, Csenge Advisory Group grew its position in First Trust Enhanced Short Maturity ETF by 5.0% in the 1st quarter. Csenge Advisory Group now owns 1,183,880 shares of the company’s stock worth $70,938,000 after purchasing an additional 55,898 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

NASDAQ:FTSM opened at $59.97 on Thursday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.11. The company has a 50 day simple moving average of $60.00 and a two-hundred day simple moving average of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were paid a $0.213 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 30th.

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.