Latitude Advisors LLC Reduces Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Latitude Advisors LLC cut its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,019 shares of the company’s stock after selling 551 shares during the period. Latitude Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FTSM. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $36,000. Trust Co. of Vermont purchased a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at $84,000. UMB Bank n.a. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000. AdvisorNet Financial Inc purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $91,000. Finally, Centaurus Financial Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 26.4% during the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.82 on Tuesday. The company’s 50 day simple moving average is $59.86 and its 200-day simple moving average is $59.91. 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 Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a dividend of $0.226 per share. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Friday, January 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.