Insight Advisors LLC PA Sells 2,638 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Insight Advisors LLC PA lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,605 shares of the company’s stock after selling 2,638 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up approximately 1.0% of Insight Advisors LLC PA’s investment portfolio, making the stock its 16th largest position. Insight Advisors LLC PA’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,655,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. GDS Wealth Management raised its holdings in First Trust Enhanced Short Maturity ETF by 204.9% during the 3rd quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock worth $88,131,000 after purchasing an additional 989,192 shares during the last quarter. TCP Asset Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $18,798,000. Holistic Planning LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1,689.7% in the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after acquiring an additional 246,803 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after acquiring an additional 206,449 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 56.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after acquiring an additional 182,844 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

NASDAQ:FTSM opened at $59.82 on Thursday. The company has a fifty day moving average of $59.87 and a 200-day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a dividend of $0.226 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.53%.

First Trust Enhanced Short Maturity ETF 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.