Sage Capital Advisors llc Sells 749 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sage Capital Advisors llc lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,734 shares of the company’s stock after selling 749 shares during the quarter. Sage Capital Advisors llc’s holdings in First Trust Enhanced Short Maturity ETF were worth $821,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FTSM. Abich Financial Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at about $34,000. Tsfg LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $36,000. UMB Bank n.a. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth about $84,000. Trust Co. of Vermont acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $84,000. Finally, Centaurus Financial Inc. acquired a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $119,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM traded up $0.01 during mid-day trading on Friday, reaching $59.83. The company’s stock had a trading volume of 647,394 shares, compared to its average volume of 758,906. The stock has a 50-day moving average of $59.86 and a two-hundred day moving average of $59.89. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.233 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date was Friday, December 27th.

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.