Foundations Investment Advisors LLC trimmed its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 12.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 105,900 shares of the company’s stock after selling 14,465 shares during the period. Foundations Investment Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,340,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Brookstone Capital Management increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 17.6% during the first quarter. Brookstone Capital Management now owns 6,513 shares of the company’s stock valued at $388,000 after acquiring an additional 974 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.5% during the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock valued at $1,025,000 after acquiring an additional 246 shares in the last quarter. Towerpoint Wealth LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.2% during the first quarter. Towerpoint Wealth LLC now owns 93,543 shares of the company’s stock valued at $5,577,000 after acquiring an additional 2,037 shares in the last quarter. Bellevue Asset Management LLC increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.5% during the second quarter. Bellevue Asset Management LLC now owns 48,161 shares of the company’s stock valued at $2,870,000 after acquiring an additional 1,167 shares in the last quarter. Finally, Gentry Private Wealth LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at about $3,034,000.
First Trust Enhanced Short Maturity ETF Stock Performance
FTSM opened at $59.98 on Wednesday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.43 and a 52-week high of $60.16. The firm’s 50-day moving average price is $59.97 and its 200-day moving average price is $59.82.
First Trust Enhanced Short Maturity ETF Dividend Announcement
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.
Read More
- Five stocks we like better than First Trust Enhanced Short Maturity ETF
- The 3 Best Fintech Stocks to Buy Now
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- How is Compound Interest Calculated?
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report).
Receive News & Ratings for First Trust Enhanced Short Maturity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Enhanced Short Maturity ETF and related companies with MarketBeat.com's FREE daily email newsletter.