Ameritas Advisory Services LLC Decreases Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Ameritas Advisory Services LLC cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 19.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 97,157 shares of the company’s stock after selling 23,642 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,817,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. McGuire Investment Group LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 16.1% during the second quarter. McGuire Investment Group LLC now owns 122,622 shares of the company’s stock worth $7,341,000 after acquiring an additional 16,968 shares during the last quarter. Orion Capital Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the first quarter valued at about $374,000. Wealth Enhancement Advisory Services LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 12.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 436,040 shares of the company’s stock valued at $26,093,000 after buying an additional 46,969 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 2.4% in the first quarter. Baird Financial Group Inc. now owns 281,261 shares of the company’s stock worth $16,831,000 after purchasing an additional 6,484 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in shares of First Trust Enhanced Short Maturity ETF by 6.9% in the second quarter. Silver Oak Securities Incorporated now owns 25,860 shares of the company’s stock worth $1,548,000 after purchasing an additional 1,679 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.94 on Friday. The stock’s 50 day moving average price is $60.00 and its 200 day moving average price is $59.94. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.69 and a 52 week high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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