Tyler Stone Wealth Management Reduces Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Tyler Stone Wealth Management trimmed its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,613 shares of the company’s stock after selling 1,400 shares during the quarter. Tyler Stone Wealth Management’s holdings in First Trust Enhanced Short Maturity ETF were worth $634,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTSM. Raymond James Financial Inc. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $154,932,000. LPL Financial LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 8,859,290 shares of the company’s stock valued at $529,520,000 after purchasing an additional 490,772 shares during the period. Independent Advisor Alliance bought a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $27,777,000. TCP Asset Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $18,798,000. Finally, Holistic Planning LLC raised its position in First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock valued at $15,624,000 after purchasing an additional 246,803 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.99 on Thursday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The business’s fifty day simple moving average is $59.91 and its 200-day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were given a dividend of $0.203 per share. The ex-dividend date was Friday, February 28th.

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.