First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 234,497 shares of the company’s stock after selling 9,510 shares during the period. Private Advisor Group LLC owned 0.22% of First Trust Enhanced Short Maturity ETF worth $14,016,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in FTSM. AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $91,000. Centaurus Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% during the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after acquiring an additional 527 shares during the period. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $159,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $177,000. Finally, Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.90 on Thursday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16. The firm has a 50-day moving average price of $59.87 and a two-hundred day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders 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 annualized dividend and a dividend 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.