Continuum Advisory LLC Sells 14,209 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Continuum Advisory LLC trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,906 shares of the company’s stock after selling 14,209 shares during the quarter. Continuum Advisory LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $593,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FTSM. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its stake 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 worth $1,025,000 after purchasing an additional 246 shares in the last quarter. Bellevue Asset Management LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 2.5% during the second quarter. Bellevue Asset Management LLC now owns 48,161 shares of the company’s stock valued at $2,870,000 after buying an additional 1,167 shares during the last quarter. Gentry Private Wealth LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at approximately $3,034,000. Mattson Financial Services LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $698,000. Finally, Ameritas Advisory Services LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 7.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 73,225 shares of the company’s stock worth $4,364,000 after acquiring an additional 4,892 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.87 on Tuesday. The firm has a fifty day moving average price of $59.91 and a 200 day moving average price of $59.87. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 29th were paid a $0.23 dividend. The ex-dividend date was Friday, November 29th.

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.