StoneX Group Inc. Cuts Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

StoneX Group Inc. cut its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 30.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 138,479 shares of the company’s stock after selling 60,311 shares during the period. StoneX Group Inc. owned approximately 0.13% of First Trust Enhanced Short Maturity ETF worth $8,277,000 as of its most recent SEC filing.

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

First Trust Enhanced Short Maturity ETF Price Performance

First Trust Enhanced Short Maturity ETF stock opened at $59.84 on Tuesday. The firm has a fifty day moving average of $59.91 and a 200-day moving average of $59.91. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Monday, March 31st will be given a $0.222 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.