First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Triumph Capital Management

Triumph Capital Management trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,075 shares of the company’s stock after selling 21,447 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 1.2% of Triumph Capital Management’s investment portfolio, making the stock its 11th largest position. Triumph Capital Management owned 0.10% of First Trust Enhanced Short Maturity ETF worth $6,789,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Capital Analysts LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 175.3% in the 2nd quarter. Capital Analysts LLC now owns 603 shares of the company’s stock worth $36,000 after acquiring an additional 384 shares during the last quarter. Anchor Investment Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth about $42,000. CoreCap Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 16.9% during the 2nd quarter. CoreCap Advisors LLC now owns 1,232 shares of the company’s stock worth $74,000 after purchasing an additional 178 shares during the period. Evolution Wealth Management Inc. boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 6.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock worth $206,000 after purchasing an additional 209 shares during the period. Finally, IFS Group LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $206,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock traded up $0.01 during midday trading on Wednesday, reaching $59.64. The stock had a trading volume of 739,096 shares, compared to its average volume of 845,999. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.49 and a 52-week high of $60.91. The company has a fifty day moving average of $59.73 and a 200 day moving average of $59.81.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were given a dividend of $0.2050 per share. This represents a $2.46 annualized dividend and a dividend yield of 4.1%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. The ex-dividend date was Wednesday, September 30th.

About First Trust Enhanced Short Maturity ETF

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.