Advisor OS LLC Lowers Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Advisor OS LLC reduced its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 64,316 shares of the company’s stock after selling 10,319 shares during the quarter. Advisor OS LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,844,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $33,000. AdvisorNet Financial Inc purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $91,000. Centaurus Financial Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 26.4% during the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after buying an additional 527 shares during the period. Global Trust Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $159,000. Finally, Farmers & Merchants Investments Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $177,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of FTSM opened at $59.99 on Wednesday. The stock has a 50-day moving average price of $59.87 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 business also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were paid a $0.226 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date 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.