Creative Financial Designs Inc. ADV Decreases Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Creative Financial Designs Inc. ADV reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,263 shares of the company’s stock after selling 1,625 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Enhanced Short Maturity ETF were worth $434,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Marshall Investment Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $33,000. US Bancorp DE lifted its position in First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock valued at $70,000 after acquiring an additional 873 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000. Centaurus Financial Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after acquiring an additional 527 shares during the last quarter. Finally, Global Trust Asset Management LLC purchased a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $159,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.92 on Wednesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The firm has a fifty day moving average price of $59.89 and a 200 day moving average price of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were given 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.