First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.4% during the third quarter, Holdings Channel.com reports. The firm owned 36,767 shares of the company’s stock after selling 514 shares during the period. Raymond James Trust N.A.’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.93 on Friday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16. The firm has a 50-day simple moving average of $59.94 and a 200-day simple moving average of $59.85.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, November 4th. Shareholders 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.