First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,727 shares of the company’s stock after selling 577 shares during the period. Prosperity Financial Group Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in First Trust Enhanced Short Maturity ETF by 6.6% in the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after buying an additional 530,475 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after purchasing an additional 1,321,695 shares during the last quarter. GDS Wealth Management boosted its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% in the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 4.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after purchasing an additional 56,415 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in First Trust Enhanced Short Maturity ETF by 20.1% during the 2nd quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock worth $68,362,000 after buying an additional 192,229 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

FTSM stock opened at $59.93 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 firm has a 50-day moving average of $59.94 and a two-hundred day moving average of $59.85.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were given a $0.241 dividend. The ex-dividend date was Thursday, October 31st.

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.