Mutual Advisors LLC Sells 52,241 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Mutual Advisors LLC trimmed its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 20.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 204,193 shares of the company’s stock after selling 52,241 shares during the period. Mutual Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $12,237,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTSM. Newbridge Financial Services Group Inc. lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares during the period. CX Institutional bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $35,000. Blue Trust Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth about $46,000. SouthState Bank Corp bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $48,000. Finally, Kelleher Financial Advisors bought a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $55,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.80 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.74 and a 12-month high of $60.14. The firm has a 50-day moving average price of $59.91 and a 200 day moving average price of $59.97.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 30th will be issued a dividend of $0.201 per share. The ex-dividend date of this dividend is 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.