First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 316,815 shares of the company’s stock after selling 44,781 shares during the quarter. IFP Advisors Inc owned about 0.30% of First Trust Enhanced Short Maturity ETF worth $18,987,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSM. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after acquiring an additional 3,600,586 shares in the last quarter. GDS Wealth Management increased its holdings in First Trust Enhanced Short Maturity ETF by 105.2% in the fourth quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock valued at $51,485,000 after buying an additional 440,329 shares during the last quarter. Kaydan Wealth Management Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 651.8% in the fourth quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock valued at $24,900,000 after buying an additional 360,223 shares during the last quarter. Triad Wealth Partners LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 674.4% in the fourth quarter. Triad Wealth Partners LLC now owns 291,939 shares of the company’s stock valued at $17,496,000 after buying an additional 254,240 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 154.8% during the fourth quarter. Luken Investment Analytics LLC now owns 375,284 shares of the company’s stock worth $22,491,000 after purchasing an additional 228,022 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.88 on Wednesday. The stock’s 50-day moving average is $59.88 and its two-hundred day moving average is $59.95. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.74 and a 1 year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 30th were issued a dividend of $0.201 per share. The ex-dividend date of this dividend was Thursday, April 30th.

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.