First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) is Financial Enhancement Group LLC’s 8th Largest Position

Financial Enhancement Group LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 36.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 271,858 shares of the company’s stock after selling 154,504 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 2.9% of Financial Enhancement Group LLC’s portfolio, making the stock its 8th largest position. Financial Enhancement Group LLC owned about 0.26% of First Trust Enhanced Short Maturity ETF worth $16,211,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth about $34,000. Tsfg LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth approximately $36,000. Hilltop National Bank bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth approximately $76,000. PSI Advisors LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $84,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

Shares of FTSM opened at $59.81 on Thursday. The firm has a fifty day simple moving average of $59.96 and a two-hundred day simple moving average of $59.84. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.51 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were given a dividend of $0.241 per share. The ex-dividend date was Thursday, October 31st.

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.