Bellevue Asset Management LLC trimmed its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 37.0% during the fourth quarter, Holdings Channel reports. The firm owned 29,310 shares of the company’s stock after selling 17,191 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 0.9% of Bellevue Asset Management LLC’s portfolio, making the stock its 16th largest holding. Bellevue Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,752,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. WR Wealth Planners LLC raised its holdings in shares of 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 worth $756,000 after purchasing an additional 207 shares during the period. TFG Advisers LLC raised its holdings in shares of 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 worth $254,000 after purchasing an additional 208 shares during the period. World Equity Group Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after purchasing an additional 271 shares during the period. Nations Financial Group Inc. IA ADV raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock worth $475,000 after purchasing an additional 293 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after purchasing an additional 339 shares during the period.
First Trust Enhanced Short Maturity ETF Price Performance
Shares of NASDAQ:FTSM opened at $59.87 on Thursday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The company’s fifty day moving average is $59.87 and its two-hundred day moving average is $59.91.
First Trust Enhanced Short Maturity ETF Cuts Dividend
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.
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