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% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,605 shares of the company’s stock after selling 2,638 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 1.0% of Insight Advisors LLC PA’s investment portfolio, making the stock its 16th biggest holding. Insight Advisors LLC PA owned 0.09% of First Trust Enhanced Short Maturity ETF worth $5,655,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. UMB Bank n.a. bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth $84,000. Brendel Financial Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 10.3% during the third quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock worth $342,000 after acquiring an additional 531 shares in the last quarter. JPMorgan Chase & Co. raised its position in First Trust Enhanced Short Maturity ETF by 1,602.2% during the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after acquiring an additional 206,449 shares in the last quarter. Towerpoint Wealth LLC raised its position in First Trust Enhanced Short Maturity ETF by 0.4% during the third quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock worth $4,520,000 after acquiring an additional 329 shares in the last quarter. Finally, Lion Street Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 28.9% during the third quarter. Lion Street Advisors LLC now owns 30,263 shares of the company’s stock worth $1,812,000 after acquiring an additional 6,787 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

NASDAQ FTSM opened at $59.82 on Thursday. The firm’s fifty day moving average price is $59.87 and its two-hundred day moving average price is $59.91. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.