First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,936 shares of the company’s stock after selling 3,329 shares during the period. Inspirion Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $893,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $34,000. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $36,000. UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. Trust Co. of Vermont acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $84,000. Finally, AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $91,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM opened at $59.89 on Friday. The business’s fifty day moving average price is $59.87 and its 200 day moving average price is $59.89. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a $0.233 dividend. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Friday, December 27th.

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.