Advisor OS LLC Decreases Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Advisor OS LLC lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 78.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,939 shares of the company’s stock after selling 28,337 shares during the quarter. Advisor OS LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Arkadios Wealth Advisors lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 51.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 48,242 shares of the company’s stock worth $2,888,000 after acquiring an additional 16,292 shares during the last quarter. Assetmark Inc. raised its position in First Trust Enhanced Short Maturity ETF by 13.8% in the 2nd quarter. Assetmark Inc. now owns 29,115 shares of the company’s stock worth $1,743,000 after purchasing an additional 3,533 shares during the period. Tradewinds LLC. bought a new stake in First Trust Enhanced Short Maturity ETF in the second quarter worth $434,000. Great Lakes Retirement Inc. boosted its position in First Trust Enhanced Short Maturity ETF by 10.9% during the second quarter. Great Lakes Retirement Inc. now owns 41,723 shares of the company’s stock valued at $2,507,000 after buying an additional 4,095 shares during the period. Finally, Bank of Montreal Can boosted its position in First Trust Enhanced Short Maturity ETF by 108.9% during the second quarter. Bank of Montreal Can now owns 8,209 shares of the company’s stock valued at $491,000 after buying an additional 4,279 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Down 0.2%

FTSM opened at $59.94 on Friday. The business’s 50-day moving average price is $60.01 and its 200-day moving average price is $60.01. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.73 and a 12 month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th will be paid a $0.191 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 27th.

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.