First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 204,810 shares of the company’s stock after selling 31,335 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,242,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after purchasing an additional 206,449 shares during the period. Guided Capital Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $6,920,000. Blackhawk Capital Partners LLC. purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $1,926,000. Sunbelt Securities Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after acquiring an additional 339 shares during the last quarter. Finally, Advyzon Investment Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $1,684,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ:FTSM opened at $59.88 on Wednesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The company has a 50 day moving average price of $59.87 and a 200 day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were paid a $0.203 dividend. The ex-dividend date was Friday, February 28th.

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.