RiverTree Advisors LLC Has $13.08 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

RiverTree Advisors LLC reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 23.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 218,789 shares of the company’s stock after selling 68,070 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 8.6% of RiverTree Advisors LLC’s holdings, making the stock its biggest holding. RiverTree Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $13,077,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $34,000. Tsfg LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter worth about $36,000. UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. Trust Co. of Vermont bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $84,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $91,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of FTSM opened at $59.91 on Monday. The business has a 50-day simple moving average of $59.87 and a two-hundred day simple moving average of $59.89. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were issued a dividend of $0.233 per share. The ex-dividend date was Friday, December 27th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.