Arete Wealth Advisors LLC Sells 2,019 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Arete Wealth Advisors LLC cut its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.2% during the third quarter, HoldingsChannel.com reports. The firm owned 46,262 shares of the company’s stock after selling 2,019 shares during the period. Arete Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,770,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. LPL Financial LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 6.6% during the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after buying an additional 530,475 shares in the last quarter. GDS Wealth Management boosted its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after acquiring an additional 989,192 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after acquiring an additional 56,415 shares in the last quarter. Raymond James & Associates increased its stake in First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after acquiring an additional 192,229 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in First Trust Enhanced Short Maturity ETF by 10.3% in the second quarter. Envestnet Asset Management Inc. now owns 800,798 shares of the company’s stock worth $47,728,000 after purchasing an additional 74,877 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

NASDAQ FTSM opened at $59.88 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The stock’s 50 day moving average is $59.90 and its two-hundred day moving average is $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 29th were given 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.