Aptus Capital Advisors LLC Cuts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Aptus Capital Advisors LLC reduced its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,868 shares of the company’s stock after selling 1,291 shares during the period. Aptus Capital Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in FTSM. LPL Financial LLC grew its holdings 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 valued at $510,706,000 after purchasing an additional 530,475 shares during the period. Cetera Investment Advisers grew its stake in 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 period. GDS Wealth Management increased its holdings in 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 worth $88,131,000 after acquiring an additional 989,192 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after acquiring an additional 56,415 shares during the period. Finally, Raymond James & Associates lifted its holdings 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 in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.86 on Friday. The company’s 50-day simple moving average is $59.95 and its 200-day simple moving average is $59.84. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.241 per share. 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.