Private Portfolio Partners LLC Trims Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Private Portfolio Partners LLC lessened its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 33.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,787 shares of the company’s stock after selling 3,424 shares during the quarter. Private Portfolio Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $406,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Marshall Investment Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $33,000. US Bancorp DE raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after buying an additional 873 shares during the period. AdvisorNet Financial Inc purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $91,000. Global Trust Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $159,000. Finally, City Center Advisors LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $210,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ:FTSM opened at $59.85 on Thursday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The stock has a fifty day simple moving average of $59.91 and a 200-day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Monday, March 31st were given a $0.222 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 31st.

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.