Park Square Financial Group LLC Trims Position in First Trust Enhanced Short Maturity ETF $FTSM

Park Square Financial Group LLC trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 31.5% during the 4th quarter, HoldingsChannel reports. The firm owned 19,067 shares of the company’s stock after selling 8,788 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for about 6.2% of Park Square Financial Group LLC’s investment portfolio, making the stock its 6th largest holding. Park Square Financial Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,140,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares during the last quarter. Blue Trust Inc. purchased a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $46,000. SouthState Bank Corp purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $48,000. Kelleher Financial Advisors purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $67,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.87 on Friday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.74 and a 12 month high of $60.14. The stock has a 50-day moving average of $59.88 and a 200 day moving average of $59.96.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, May 4th. Investors of record on Thursday, April 30th were given a $0.201 dividend. The ex-dividend date was Thursday, April 30th.

First Trust Enhanced Short Maturity ETF 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.