First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Cherry Creek Investment Advisors Inc.

Cherry Creek Investment Advisors Inc. reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,694 shares of the company’s stock after selling 1,372 shares during the quarter. Cherry Creek Investment Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $34,000. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $36,000. Register Financial Advisors LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $38,000. Hilltop National Bank acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $76,000. Finally, PSI Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.97 on Thursday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.43 and a 1 year high of $60.16. The firm’s 50 day moving average price is $59.97 and its 200 day moving average price is $59.82.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were issued a $0.247 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%.

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.