LPL Financial LLC Decreases Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

LPL Financial LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,368,518 shares of the company’s stock after selling 200,369 shares during the quarter. LPL Financial LLC owned approximately 0.08% of First Trust Enhanced Short Maturity ETF worth $501,023,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its position in shares of First Trust Enhanced Short Maturity ETF by 1.5% during the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock worth $1,025,000 after acquiring an additional 246 shares in the last quarter. Bellevue Asset Management LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 2.5% during the second quarter. Bellevue Asset Management LLC now owns 48,161 shares of the company’s stock worth $2,870,000 after purchasing an additional 1,167 shares in the last quarter. Gentry Private Wealth LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $3,034,000. Mattson Financial Services LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $698,000. Finally, Ameritas Advisory Services LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 7.2% in the 2nd quarter. Ameritas Advisory Services LLC now owns 73,225 shares of the company’s stock valued at $4,364,000 after buying an additional 4,892 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $59.90 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 has a fifty day moving average of $59.95 and a two-hundred day moving average of $59.85.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were paid a $0.241 dividend. The ex-dividend date 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.