Maia Wealth LLC Trims Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Maia Wealth LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,448 shares of the company’s stock after selling 648 shares during the quarter. Maia Wealth LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,227,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Abich Financial Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the second quarter worth approximately $34,000. Tsfg LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $36,000. Hilltop National Bank purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth $76,000. PSI Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock valued at $78,000 after acquiring an additional 1,250 shares during the last quarter. Finally, UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at $84,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM traded down $0.02 on Wednesday, hitting $59.81. 41,368 shares of the stock were exchanged, compared to its average volume of 823,457. The stock has a fifty day moving average of $59.96 and a 200-day moving average of $59.84. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.51 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

About First Trust Enhanced Short Maturity ETF

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.