Paragon Private Wealth Management LLC Decreases Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Paragon Private Wealth Management LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,140 shares of the company’s stock after selling 2,610 shares during the quarter. Paragon Private Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $726,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. WR Wealth Planners LLC raised its stake in First Trust Enhanced Short Maturity ETF by 1.7% during the fourth quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock valued at $756,000 after purchasing an additional 207 shares in the last quarter. TFG Advisers LLC raised its stake in First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock valued at $254,000 after purchasing an additional 208 shares in the last quarter. World Equity Group Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 2.0% in the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock valued at $813,000 after acquiring an additional 271 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of First Trust Enhanced Short Maturity ETF by 3.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock valued at $475,000 after acquiring an additional 293 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% in the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after acquiring an additional 339 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.89 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The company’s fifty day simple moving average is $59.87 and its 200-day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were paid a $0.203 dividend. The ex-dividend date was Friday, February 28th.

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.