First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 45.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,901 shares of the company’s stock after selling 4,982 shares during the quarter. Perennial Investment Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $353,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Marshall Investment Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth approximately $33,000. US Bancorp DE grew its stake in First Trust Enhanced Short Maturity ETF by 298.0% during the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after buying an additional 873 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth $91,000. Global Trust Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $159,000. Finally, City Center Advisors LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at $210,000.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.89 on Monday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The company has a 50-day simple moving average of $59.91 and a 200-day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Monday, March 31st were given a $0.222 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 31st.

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.