Cerity Partners LLC Has $10.45 Million Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Cerity Partners LLC cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,844 shares of the company’s stock after selling 21,269 shares during the period. Cerity Partners LLC owned approximately 0.17% of First Trust Enhanced Short Maturity ETF worth $10,450,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock worth $529,520,000 after acquiring an additional 490,772 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $154,932,000. Envestnet Asset Management Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 19.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 931,860 shares of the company’s stock valued at $55,697,000 after purchasing an additional 150,499 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 19.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 727,414 shares of the company’s stock worth $43,478,000 after buying an additional 119,757 shares in the last quarter. Finally, Truist Financial Corp lifted its position in shares of First Trust Enhanced Short Maturity ETF by 67.9% during the 4th quarter. Truist Financial Corp now owns 517,372 shares of the company’s stock worth $30,923,000 after buying an additional 209,257 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ:FTSM opened at $59.83 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The stock’s 50-day simple moving average is $59.89 and its 200 day simple moving average is $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.