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

Latitude Advisors LLC lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,019 shares of the company’s stock after selling 551 shares during the period. Latitude Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,017,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sovran Advisors LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $226,000. Wagner Wealth Management LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 13,344.0% in the 4th quarter. Wagner Wealth Management LLC now owns 10,083 shares of the company’s stock worth $603,000 after buying an additional 10,008 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 108,810 shares of the company’s stock valued at $6,504,000 after acquiring an additional 3,488 shares during the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 4.7% in the fourth quarter. Moloney Securities Asset Management LLC now owns 93,873 shares of the company’s stock valued at $5,611,000 after acquiring an additional 4,252 shares in the last quarter. Finally, Opinicus Capital Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $245,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.82 on Tuesday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The stock’s fifty day moving average is $59.86 and its two-hundred day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.