Harbour Investments Inc. Sells 70,346 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Harbour Investments Inc. cut its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 302,885 shares of the company’s stock after selling 70,346 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $18,134,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FTSM. Abich Financial Wealth Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $34,000. Tsfg LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $36,000. Hilltop National Bank acquired a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $76,000. PSI Advisors LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% during the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after purchasing an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.84 on Tuesday. The firm has a 50 day simple moving average of $59.95 and a 200 day simple moving average of $59.84. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date of this dividend was 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.