Naples Global Advisors LLC Lowers Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Naples Global Advisors LLC lessened its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,302 shares of the company’s stock after selling 1,661 shares during the quarter. Naples Global Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $915,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSM. Great Lakes Retirement Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 2.6% during the 4th quarter. Great Lakes Retirement Inc. now owns 39,860 shares of the company’s stock valued at $2,382,000 after acquiring an additional 1,020 shares during the period. Gladstone Institutional Advisory LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 23.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 195,029 shares of the company’s stock valued at $11,657,000 after purchasing an additional 37,161 shares in the last quarter. TFB Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $216,000. Authentikos Wealth Advisory LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 128.1% in the fourth quarter. Authentikos Wealth Advisory LLC now owns 4,702 shares of the company’s stock worth $281,000 after acquiring an additional 2,641 shares during the last quarter. Finally, Guided Capital Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $6,920,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of NASDAQ FTSM opened at $59.85 on Friday. The company has a 50-day moving average of $59.86 and a 200 day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

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.