Capital Investment Counsel LLC Trims Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Capital Investment Counsel LLC trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 45.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,754 shares of the company’s stock after selling 17,132 shares during the quarter. Capital Investment Counsel LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,243,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Centaurus Financial Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 26.4% in the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares in the last quarter. StoneX Group Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 18.1% in the third quarter. StoneX Group Inc. now owns 198,790 shares of the company’s stock worth $11,951,000 after purchasing an additional 30,399 shares during the period. KKM Financial LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 64.3% in the third quarter. KKM Financial LLC now owns 18,960 shares of the company’s stock worth $1,135,000 after buying an additional 7,419 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after buying an additional 182,844 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth about $4,593,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

NASDAQ:FTSM opened at $59.93 on Friday. The business’s 50-day moving average price is $59.94 and its two-hundred day moving average price is $59.85. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.