First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Stock Holdings Lowered by Petix & Botte Co

Petix & Botte Co reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.8% in the 4th quarter, Holdings Channel reports. The fund owned 192,200 shares of the company’s stock after selling 3,579 shares during the period. First Trust Enhanced Short Maturity ETF makes up 3.4% of Petix & Botte Co’s investment portfolio, making the stock its 9th largest position. Petix & Botte Co’s holdings in First Trust Enhanced Short Maturity ETF were worth $11,467,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Key Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $43,000. Parkside Financial Bank & Trust acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $48,000. Inspire Advisors LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at about $213,000. First Trust Direct Indexing L.P. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $224,000. Finally, OneAscent Wealth Management LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $238,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM traded up $0.02 on Monday, hitting $59.65. The stock had a trading volume of 1,278,377 shares, compared to its average volume of 951,618. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.40 and a 1-year high of $59.94. The company has a fifty day moving average price of $59.70 and a two-hundred day moving average price of $59.70.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 3rd. Stockholders of record on Wednesday, May 1st were issued a dividend of $0.249 per share. The ex-dividend date was Tuesday, April 30th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24.

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.