Welch & Forbes LLC Sells 2,290 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Welch & Forbes LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,632 shares of the company’s stock after selling 2,290 shares during the quarter. Welch & Forbes LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,249,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $33,000. US Bancorp DE grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 298.0% in the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after purchasing an additional 873 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $91,000. Centaurus Financial Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the 3rd quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares during the last quarter. Finally, Global Trust Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $159,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

FTSM opened at $59.89 on Friday. The firm’s 50-day simple moving average is $59.87 and its 200-day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 28th were issued a $0.203 dividend. The ex-dividend date was Friday, February 28th.

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.