HBK Sorce Advisory LLC Sells 9,362 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

HBK Sorce Advisory LLC lessened its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 283,486 shares of the company’s stock after selling 9,362 shares during the period. First Trust Enhanced Short Maturity ETF comprises approximately 0.5% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 21st biggest position. HBK Sorce Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $16,944,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FTSM. WR Wealth Planners LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 1.7% in the fourth quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock worth $756,000 after buying an additional 207 shares during the last quarter. TFG Advisers LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.1% in the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock worth $254,000 after buying an additional 208 shares during the last quarter. World Equity Group Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after buying an additional 271 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 3.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock worth $475,000 after buying an additional 293 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after buying an additional 339 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

Shares of FTSM stock opened at $59.89 on Thursday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The firm’s fifty day simple moving average is $59.88 and its 200 day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were given a dividend of $0.203 per share. The ex-dividend date was Friday, February 28th.

First Trust Enhanced Short Maturity ETF 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.