Cerity Partners LLC Sells 21,269 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Cerity Partners LLC cut its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 174,844 shares of the company’s stock after selling 21,269 shares during the quarter. Cerity Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $10,450,000 as of its most recent SEC filing.

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

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

First Trust Enhanced Short Maturity ETF stock opened at $59.83 on Friday. The firm’s fifty day moving average price is $59.89 and its two-hundred day moving average price is $59.90. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 2nd. Investors 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 was Monday, March 31st.

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.