First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 295,122 shares of the company’s stock after selling 20,831 shares during the period. Private Advisor Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $17,607,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 3,702.2% during the 4th quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after buying an additional 2,911,719 shares during the period. LPL Financial LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock worth $518,318,000 after purchasing an additional 195,687 shares during the last quarter. HBK Sorce Advisory LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 126.0% during the 4th quarter. HBK Sorce Advisory LLC now owns 273,944 shares of the company’s stock worth $16,344,000 after purchasing an additional 152,755 shares during the last quarter. IronBridge Private Wealth LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $7,784,000. Finally, Comerica Bank purchased a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $7,606,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock traded up $0.02 during midday trading on Monday, hitting $59.65. 1,278,377 shares of the company’s stock were exchanged, compared to its average volume of 951,618. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.40 and a 12-month high of $59.94. The firm has a 50 day moving average price of $59.71 and a 200-day moving average price of $59.70.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 3rd. Shareholders of record on Wednesday, May 1st were issued a dividend of $0.249 per share. The ex-dividend date was Tuesday, April 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24.

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.