First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 316,815 shares of the company’s stock after selling 44,781 shares during the quarter. IFP Advisors Inc’s holdings in First Trust Enhanced Short Maturity ETF were worth $18,987,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Csenge Advisory Group lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.6% during the 4th quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock valued at $112,188,000 after acquiring an additional 10,743 shares during the period. HighTower Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 0.3% during the 4th quarter. HighTower Advisors LLC now owns 291,736 shares of the company’s stock valued at $17,484,000 after acquiring an additional 856 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 9.9% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 973,212 shares of the company’s stock valued at $58,325,000 after acquiring an additional 87,479 shares during the period. WealthPlan Investment Management LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 4.8% during the 4th quarter. WealthPlan Investment Management LLC now owns 107,275 shares of the company’s stock valued at $6,429,000 after acquiring an additional 4,904 shares during the period. Finally, Plus Group Wealth Advisors LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at approximately $4,057,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.88 on Wednesday. The firm has a 50 day moving average of $59.88 and a 200-day moving average of $59.95. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.74 and a 12-month high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, May 4th. Stockholders of record on Thursday, April 30th were given a dividend of $0.201 per share. The ex-dividend date was Thursday, April 30th.

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.