First Trust Enhanced Short Maturity ETF $FTSM Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,577,404 shares of the company’s stock after selling 211,446 shares during the quarter. Cetera Investment Advisers owned about 1.47% of First Trust Enhanced Short Maturity ETF worth $94,297,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Evolution Wealth Management Inc. raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.4% in the first quarter. Evolution Wealth Management Inc. now owns 3,452 shares of the company’s stock worth $206,000 after buying an additional 209 shares during the last quarter. Proactive Wealth Strategies LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.5% during the fourth quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock valued at $4,014,000 after buying an additional 318 shares during the last quarter. Principal Securities Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 31,456 shares of the company’s stock valued at $1,885,000 after acquiring an additional 346 shares during the period. Del Sette Capital Management LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 9.1% in the 1st quarter. Del Sette Capital Management LLC now owns 4,286 shares of the company’s stock valued at $256,000 after acquiring an additional 357 shares during the period. Finally, Citizens Financial Group Inc. RI raised its stake in First Trust Enhanced Short Maturity ETF by 0.7% in the 1st quarter. Citizens Financial Group Inc. RI now owns 56,439 shares of the company’s stock worth $3,386,000 after acquiring an additional 371 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM opened at $59.83 on Friday. The stock has a 50-day moving average of $59.84 and a two-hundred day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a one year low of $59.72 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were paid a $0.203 dividend. The ex-dividend date was Tuesday, June 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.