First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Madden Advisory Services Inc.

Madden Advisory Services Inc. reduced its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,250 shares of the company’s stock after selling 1,324 shares during the quarter. Madden Advisory Services Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $733,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FTSM. BNP Paribas Financial Markets boosted its position in shares of First Trust Enhanced Short Maturity ETF by 36.6% in the 1st quarter. BNP Paribas Financial Markets now owns 121,180 shares of the company’s stock valued at $7,225,000 after purchasing an additional 32,467 shares during the period. TFB Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the first quarter worth approximately $241,000. Csenge Advisory Group raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.7% during the first quarter. Csenge Advisory Group now owns 1,053,209 shares of the company’s stock valued at $62,792,000 after acquiring an additional 57,170 shares during the period. Advisory Alpha LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at approximately $2,592,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 10.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 20,668 shares of the company’s stock valued at $1,232,000 after acquiring an additional 1,893 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

NASDAQ FTSM opened at $59.82 on Tuesday. The firm’s 50 day moving average price is $59.97 and its two-hundred day moving average price is $59.84. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.51 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm 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.

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.