Private Portfolio Partners LLC Sells 3,424 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Private Portfolio Partners LLC reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 33.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,787 shares of the company’s stock after selling 3,424 shares during the quarter. Private Portfolio Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $406,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock valued at $529,520,000 after acquiring an additional 490,772 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $154,932,000. Stifel Financial Corp increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 19.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 727,414 shares of the company’s stock worth $43,478,000 after purchasing an additional 119,757 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 67.9% during the fourth quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock valued at $30,923,000 after purchasing an additional 209,257 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ FTSM opened at $59.85 on Thursday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The stock has a 50-day moving average of $59.91 and a 200 day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 31st were issued a dividend of $0.222 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 31st.

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.