First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by ProVise Management Group LLC

ProVise Management Group LLC lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 17.7% in the 4th quarter, Holdings Channel reports. The firm owned 4,359 shares of the company’s stock after selling 937 shares during the period. ProVise Management Group LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $261,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of FTSM. Thrivent Financial for Lutherans raised its holdings in First Trust Enhanced Short Maturity ETF by 84.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 17,643 shares of the company’s stock valued at $1,056,000 after acquiring an additional 8,083 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $1,189,000. Great Valley Advisor Group Inc. acquired a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $4,593,000. Kingsview Wealth Management LLC grew its position in First Trust Enhanced Short Maturity ETF by 56.7% in the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock worth $30,258,000 after acquiring an additional 182,844 shares during the period. Finally, KKM Financial LLC increased its stake in First Trust Enhanced Short Maturity ETF by 64.3% during the third quarter. KKM Financial LLC now owns 18,960 shares of the company’s stock worth $1,135,000 after acquiring an additional 7,419 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.96 on Thursday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16. The stock’s fifty day moving average is $59.89 and its two-hundred day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.