First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Position Lowered by Cherry Creek Investment Advisors Inc.

Posted by Irma Garcia on Jan 28th, 2025

Cherry Creek Investment Advisors Inc. trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 5.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,158 shares of the company’s stock after selling 536 shares during the period. Cherry Creek Investment Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $547,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FTSM. Tsfg LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter worth approximately $36,000. UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth $84,000. Trust Co. of Vermont bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at $84,000. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $91,000. Finally, Centaurus Financial Inc. acquired a new stake in First Trust Enhanced Short Maturity ETF during the second quarter worth about $119,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.98 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The stock’s 50 day simple moving average is $59.88 and its 200 day simple moving average is $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.233 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Friday, December 27th.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.