TAP Consulting LLC Decreases Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

TAP Consulting LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 52.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,328 shares of the company’s stock after selling 13,429 shares during the quarter. TAP Consulting LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $737,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after purchasing an additional 206,449 shares in the last quarter. SageOak Financial LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at $868,000. Assetmark Inc. increased its holdings in First Trust Enhanced Short Maturity ETF by 71.5% in the 4th quarter. Assetmark Inc. now owns 25,210 shares of the company’s stock worth $1,507,000 after buying an additional 10,508 shares in the last quarter. Guided Capital Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $6,920,000. Finally, Blackhawk Capital Partners LLC. bought a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $1,926,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of FTSM stock opened at $59.96 on Thursday. The company has a 50 day moving average price of $59.89 and a 200-day moving average price of $59.91. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were given a $0.203 dividend. The ex-dividend date of this dividend was Friday, February 28th.

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.