Clear Creek Financial Management LLC Sells 3,181 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Clear Creek Financial Management LLC lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 11.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,656 shares of the company’s stock after selling 3,181 shares during the period. Clear Creek Financial Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,533,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mattson Financial Services LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $698,000. UMB Bank n.a. purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth approximately $84,000. Brendel Financial Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 10.3% in the 3rd quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock valued at $342,000 after acquiring an additional 531 shares during the period. JPMorgan Chase & Co. boosted its position in shares of 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 buying an additional 206,449 shares during the period. Finally, Centaurus Financial Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the second quarter valued at approximately $119,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.78 on Friday. The business’s 50-day moving average price is $59.88 and its 200 day moving average price is $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 Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.226 per share. The ex-dividend date is Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a dividend yield of 4.54%.

First Trust Enhanced Short Maturity ETF 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.