Advisor OS LLC Decreases Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Advisor OS LLC lessened its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 13.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,316 shares of the company’s stock after selling 10,319 shares during the quarter. Advisor OS LLC owned approximately 0.06% of First Trust Enhanced Short Maturity ETF worth $3,844,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $33,000. AdvisorNet Financial Inc bought a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $91,000. Centaurus Financial Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 26.4% in the 3rd 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 purchased a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter valued at about $159,000. Finally, Farmers & Merchants Investments Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth about $177,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM opened at $59.99 on Wednesday. The firm has a 50-day moving average price of $59.87 and a 200-day moving average price of $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a dividend of $0.226 per share. The ex-dividend date was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.52%.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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