Farmers & Merchants Investments Inc. Has $129,000 Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Farmers & Merchants Investments Inc. decreased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 27.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,150 shares of the company’s stock after selling 806 shares during the period. Farmers & Merchants Investments Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in FTSM. UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $84,000. Lion Street Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF by 28.9% during the third quarter. Lion Street Advisors LLC now owns 30,263 shares of the company’s stock worth $1,812,000 after buying an additional 6,787 shares in the last quarter. McGuire Investment Group LLC increased its stake in First Trust Enhanced Short Maturity ETF by 7.1% during the 3rd quarter. McGuire Investment Group LLC now owns 95,957 shares of the company’s stock worth $5,745,000 after acquiring an additional 6,338 shares during the period. VitalStone Financial LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1,166.9% during the 3rd quarter. VitalStone Financial LLC now owns 31,407 shares of the company’s stock valued at $1,880,000 after acquiring an additional 28,928 shares during the period. Finally, Paladin Wealth LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $1,656,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

FTSM stock opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16. The business has a 50-day simple moving average of $59.86 and a 200 day simple moving average of $59.91.

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 $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

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.