First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 18.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,885 shares of the company’s stock after selling 70,346 shares during the period. Harbour Investments Inc. owned about 0.29% of First Trust Enhanced Short Maturity ETF worth $18,134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FTSM. LPL Financial LLC grew its stake 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 purchasing an additional 530,475 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% in the 1st quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after acquiring an additional 1,321,695 shares during the last quarter. GDS Wealth Management raised its position in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after acquiring an additional 989,192 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in First Trust Enhanced Short Maturity ETF by 4.2% in the second 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 during the period. Finally, Raymond James & Associates increased its stake in First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after purchasing an additional 192,229 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.84 on Tuesday. The firm’s 50-day moving average is $59.95 and its 200-day moving average is $59.84. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date was Thursday, October 31st.

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.