GPS Wealth Strategies Group LLC Trims Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

GPS Wealth Strategies Group LLC trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 81.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,567 shares of the company’s stock after selling 41,603 shares during the period. GPS Wealth Strategies Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $573,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its holdings 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 worth $226,830,000 after buying an additional 3,600,586 shares during the period. Bank of America Corp DE grew its stake in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after purchasing an additional 110,033 shares in the last quarter. Csenge Advisory Group grew its stake in First Trust Enhanced Short Maturity ETF by 0.6% in the fourth quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after purchasing an additional 10,743 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Trust Enhanced Short Maturity ETF by 9.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 973,212 shares of the company’s stock worth $58,325,000 after purchasing an additional 87,479 shares in the last quarter. Finally, GDS Wealth Management grew its stake 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 worth $51,485,000 after purchasing an additional 440,329 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.94 on Friday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.74 and a 52-week high of $60.14. The business’s 50 day moving average is $59.88 and its 200 day moving average is $59.95.

First Trust Enhanced Short Maturity ETF Announces Dividend

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

About First Trust Enhanced Short Maturity ETF

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.