Harbour Investments Inc. Lowers Position in First Trust Enhanced Short Maturity ETF $FTSM

Harbour Investments Inc. reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 21.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 227,417 shares of the company’s stock after selling 60,828 shares during the quarter. Harbour Investments Inc. owned approximately 0.22% of First Trust Enhanced Short Maturity ETF worth $13,629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. HBK Sorce Advisory LLC raised its position in First Trust Enhanced Short Maturity ETF by 24.0% in the 4th quarter. HBK Sorce Advisory LLC now owns 338,878 shares of the company’s stock valued at $20,329,000 after buying an additional 65,678 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 6.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 16,035 shares of the company’s stock valued at $961,000 after buying an additional 1,014 shares during the last quarter. Advisory Alpha LLC raised its position in First Trust Enhanced Short Maturity ETF by 5.9% in the 4th quarter. Advisory Alpha LLC now owns 64,723 shares of the company’s stock valued at $3,879,000 after buying an additional 3,599 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $877,000. Finally, Global Retirement Partners LLC raised its position in First Trust Enhanced Short Maturity ETF by 63.9% in the 4th quarter. Global Retirement Partners LLC now owns 11,068 shares of the company’s stock valued at $663,000 after buying an additional 4,314 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.94 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.74 and a 12 month high of $60.14. The business has a fifty day simple moving average of $59.88 and a 200 day simple moving average of $59.95.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, May 4th. Stockholders of record on Thursday, April 30th were given a dividend of $0.201 per share. The ex-dividend date of this dividend was Thursday, April 30th.

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.