Assetmark Inc. Cuts Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Assetmark Inc. decreased its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 43.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,702 shares of the company’s stock after selling 11,340 shares during the quarter. Assetmark Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $880,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FTSM. Holistic Planning LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $874,000. Beacon Financial Advisory LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1.2% in the third quarter. Beacon Financial Advisory LLC now owns 35,774 shares of the company’s stock valued at $2,142,000 after acquiring an additional 433 shares in the last quarter. NorthRock Partners LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $1,564,000. Moloney Securities Asset Management LLC increased its stake in First Trust Enhanced Short Maturity ETF by 17.7% during the third quarter. Moloney Securities Asset Management LLC now owns 89,621 shares of the company’s stock worth $5,366,000 after acquiring an additional 13,477 shares during the last quarter. Finally, TKG Advisors LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 319.9% in the third quarter. TKG Advisors LLC now owns 54,481 shares of the company’s stock valued at $3,262,000 after buying an additional 41,507 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of NASDAQ FTSM opened at $59.88 on Friday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The business has a 50-day moving average of $59.95 and a two-hundred day moving average of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 4th. Investors of record on Thursday, October 31st were paid a $0.241 dividend. The ex-dividend date was Thursday, October 31st.

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.