IHT Wealth Management LLC Sells 2,763 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

IHT Wealth Management LLC reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 25,900 shares of the company’s stock after selling 2,763 shares during the quarter. IHT Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,551,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of FTSM. Abich Financial Wealth Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at about $34,000. Tsfg LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth about $36,000. PSI Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% during the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after buying an additional 1,250 shares in the last quarter. UMB Bank n.a. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. Finally, Trust Co. of Vermont purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $84,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

Shares of FTSM opened at $59.84 on Friday. The stock has a 50 day moving average of $59.91 and a 200 day moving average of $59.86. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 29th were issued a $0.23 dividend. The ex-dividend date was Friday, November 29th.

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.