First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Acquired by Traction Financial Partners LLC

Traction Financial Partners LLC increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,086 shares of the company’s stock after buying an additional 774 shares during the period. First Trust Enhanced Short Maturity ETF makes up about 0.7% of Traction Financial Partners LLC’s investment portfolio, making the stock its 21st biggest position. Traction Financial Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $843,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock worth $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% in the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 358.0% during the 1st quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock valued at $42,094,000 after buying an additional 551,897 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $32,546,000. Finally, LPL Financial LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after acquiring an additional 530,475 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ:FTSM traded up $0.02 during midday trading on Thursday, reaching $59.88. 107,654 shares of the company traded hands, compared to its average volume of 827,921. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The company has a fifty day moving average price of $59.95 and a 200 day moving average price of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed 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 of this dividend 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.