Sanctuary Advisors LLC Has $9.66 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sanctuary Advisors LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 160,995 shares of the company’s stock after selling 10,132 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,658,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $91,000. Centaurus Financial Inc. raised its position in shares of First Trust Enhanced Short Maturity ETF by 26.4% during the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares during the period. Global Trust Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth approximately $159,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $177,000. Finally, Legacy Capital Wealth Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $200,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

Shares of NASDAQ:FTSM opened at $59.90 on Wednesday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The stock’s 50 day moving average is $59.86 and its 200-day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.