Sanctuary Advisors LLC Decreases Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sanctuary Advisors LLC decreased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 22.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 171,127 shares of the company’s stock after selling 50,669 shares during the period. Sanctuary Advisors LLC owned approximately 0.17% of First Trust Enhanced Short Maturity ETF worth $10,256,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FTSM. LPL Financial LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 6.6% in the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after buying an additional 530,475 shares during the period. GDS Wealth Management grew its position in First Trust Enhanced Short Maturity ETF by 204.9% in the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after acquiring an additional 989,192 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in First Trust Enhanced Short Maturity ETF by 4.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock valued at $82,736,000 after acquiring an additional 56,415 shares in the last quarter. Raymond James & Associates raised its stake in shares of First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after purchasing an additional 192,229 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the third quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock worth $50,159,000 after purchasing an additional 84,918 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM opened at $59.89 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The company has a fifty day simple moving average of $59.90 and a 200 day simple moving average of $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 29th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, November 29th.

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.