Janney Montgomery Scott LLC Cuts Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Janney Montgomery Scott LLC trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 4.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 409,627 shares of the company’s stock after selling 17,825 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $24,524,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its stake in First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after purchasing an additional 530,475 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $96,159,000 after acquiring an additional 1,321,695 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 4.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after acquiring an additional 56,415 shares in the last quarter. Raymond James & Associates grew its position in shares of First Trust Enhanced Short Maturity ETF by 20.1% in the 2nd quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock worth $68,362,000 after acquiring an additional 192,229 shares in the last quarter. Finally, Csenge Advisory Group grew its position in shares of First Trust Enhanced Short Maturity ETF by 5.2% in the 2nd quarter. Csenge Advisory Group now owns 1,107,874 shares of the company’s stock worth $66,029,000 after acquiring an additional 54,665 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of FTSM opened at $59.82 on Tuesday. The stock has a 50 day moving average of $59.97 and a 200-day moving average of $59.84. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.51 and a 52 week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 4th. Investors of record on Thursday, October 31st were given a dividend of $0.241 per share. The ex-dividend date of this dividend was Thursday, October 31st.

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.