First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by 1834 Investment Advisors Co.

1834 Investment Advisors Co. decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 60.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,724 shares of the company’s stock after selling 10,123 shares during the period. 1834 Investment Advisors Co.’s holdings in First Trust Enhanced Short Maturity ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Cambridge Advisors Inc. grew its position in First Trust Enhanced Short Maturity ETF by 1.0% during the third quarter. Cambridge Advisors Inc. now owns 17,034 shares of the company’s stock valued at $1,020,000 after buying an additional 173 shares during the period. Nations Financial Group Inc. IA ADV grew its position in shares of First Trust Enhanced Short Maturity ETF by 3.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock valued at $475,000 after acquiring an additional 293 shares during the period. Towerpoint Wealth LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 0.4% in the 3rd quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock valued at $4,520,000 after purchasing an additional 329 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in First Trust Enhanced Short Maturity ETF by 8.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after purchasing an additional 339 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its position in First Trust Enhanced Short Maturity ETF by 1.8% during the third quarter. SeaCrest Wealth Management LLC now owns 19,593 shares of the company’s stock worth $1,173,000 after purchasing an additional 354 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.95 on Monday. The stock’s 50 day moving average is $59.87 and its two-hundred day moving average is $59.90. 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 Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a $0.233 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.