Inspirion Wealth Advisors LLC Sells 14,904 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Inspirion Wealth Advisors LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 81.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,361 shares of the company’s stock after selling 14,904 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. McGuire Investment Group LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 10.2% in the 3rd quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock valued at $8,093,000 after acquiring an additional 12,466 shares during the last quarter. Synergy Asset Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 184.2% during the 3rd quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock valued at $9,032,000 after acquiring an additional 97,749 shares during the period. Aptus Capital Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF by 707.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 137,968 shares of the company’s stock worth $8,266,000 after acquiring an additional 120,883 shares during the last quarter. Csenge Advisory Group increased its stake in First Trust Enhanced Short Maturity ETF by 18.8% in the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after purchasing an additional 294,703 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in First Trust Enhanced Short Maturity ETF by 108.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 393,876 shares of the company’s stock worth $23,581,000 after purchasing an additional 204,583 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.1%

Shares of FTSM stock opened at $59.92 on Tuesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.73 and a fifty-two week high of $60.14. The stock has a 50 day moving average price of $59.98 and a two-hundred day moving average price of $60.00.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a dividend of $0.191 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, February 27th.

First Trust Enhanced Short Maturity ETF 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.