GeoWealth Management LLC Lowers Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

GeoWealth Management LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,045 shares of the company’s stock after selling 543 shares during the period. GeoWealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,154,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FTSM. Raymond James Financial Inc. purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth $154,932,000. LPL Financial LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock valued at $529,520,000 after purchasing an additional 490,772 shares during the period. Independent Advisor Alliance purchased a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $27,777,000. TCP Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $18,798,000. Finally, Holistic Planning LLC increased its holdings in First Trust Enhanced Short Maturity ETF by 1,689.7% in the fourth quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after buying an additional 246,803 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

FTSM opened at $59.92 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The business’s fifty day moving average is $59.90 and its two-hundred day moving average is $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

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