Citigroup Inc. Has $9.52 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Citigroup Inc. cut its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.7% in the third quarter, HoldingsChannel reports. The fund owned 158,985 shares of the company’s stock after selling 46,700 shares during the quarter. Citigroup Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,518,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FTSM. Abich Financial Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $34,000. Tsfg LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $36,000. Hilltop National Bank acquired a new stake in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth about $76,000. PSI Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 1,893.9% during the 2nd quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares during the period. Finally, UMB Bank n.a. acquired a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $84,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.3 %

FTSM opened at $59.79 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The business has a 50-day moving average of $59.94 and a 200-day moving average of $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 29th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, November 29th.

About First Trust Enhanced Short Maturity ETF

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.