First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by 1776 Wealth LLC

1776 Wealth LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,712 shares of the company’s stock after selling 10,885 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 5.4% of 1776 Wealth LLC’s holdings, making the stock its 5th largest holding. 1776 Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,594,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Marshall Investment Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $33,000. US Bancorp DE boosted its holdings in First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after purchasing an additional 873 shares during the period. AdvisorNet Financial Inc purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000. Centaurus Financial Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after purchasing an additional 527 shares during the period. Finally, Global Trust Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $159,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

NASDAQ:FTSM opened at $59.89 on Thursday. The stock has a fifty day moving average price of $59.88 and a 200 day moving average price of $59.91. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were issued a dividend of $0.203 per share. The ex-dividend date was Friday, February 28th.

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.