Main Street Financial Solutions LLC Sells 1,024 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Main Street Financial Solutions LLC reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.9% during the third quarter, Holdings Channel.com reports. The fund owned 16,464 shares of the company’s stock after selling 1,024 shares during the period. Main Street Financial Solutions LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $986,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FTSM. Cambridge Advisors Inc. increased its position in First Trust Enhanced Short Maturity ETF by 1.0% in the 2nd quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock valued at $1,005,000 after buying an additional 173 shares in the last quarter. TAP Consulting LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.3% during the second quarter. TAP Consulting LLC now owns 16,894 shares of the company’s stock valued at $1,007,000 after acquiring an additional 214 shares in the last quarter. Naples Global Advisors LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 1.4% during the second quarter. Naples Global Advisors LLC now owns 16,022 shares of the company’s stock worth $958,000 after purchasing an additional 225 shares during the period. Willner & Heller LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.3% in the 2nd quarter. Willner & Heller LLC now owns 19,091 shares of the company’s stock worth $1,138,000 after purchasing an additional 237 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its position in First Trust Enhanced Short Maturity ETF by 1.5% in the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock valued at $1,025,000 after purchasing an additional 246 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.86 on Thursday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The firm has a fifty day simple moving average of $59.95 and a two-hundred day simple moving average of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

First Trust Enhanced Short Maturity ETF Company 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.