Stephens Inc. AR Lowers Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Stephens Inc. AR trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,650 shares of the company’s stock after selling 3,489 shares during the period. Stephens Inc. AR’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,194,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FTSM. Abich Financial Wealth Management LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth about $34,000. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth about $36,000. Hilltop National Bank purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth about $76,000. PSI Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% in the second 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. Finally, UMB Bank n.a. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth about $84,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ:FTSM opened at $59.80 on Monday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.47 and a 12 month high of $60.16. The business’s 50-day moving average is $59.97 and its 200 day moving average is $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, November 4th. Investors of record on Thursday, October 31st will be given a $0.241 dividend. The ex-dividend date of this dividend is Thursday, October 31st.

First Trust Enhanced Short Maturity ETF 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.