Farmers & Merchants Investments Inc. Has $129,000 Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Farmers & Merchants Investments Inc. trimmed its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 27.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,150 shares of the company’s stock after selling 806 shares during the period. Farmers & Merchants Investments Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $129,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. UMB Bank n.a. bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth $84,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,602.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock valued at $13,132,000 after acquiring an additional 206,449 shares in the last quarter. Lion Street Advisors LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 28.9% in the third quarter. Lion Street Advisors LLC now owns 30,263 shares of the company’s stock valued at $1,812,000 after acquiring an additional 6,787 shares during the last quarter. Secure Asset Management LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 4.3% during the third quarter. Secure Asset Management LLC now owns 65,595 shares of the company’s stock worth $3,927,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Good Life Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 1.5% during the third quarter. Good Life Advisors LLC now owns 44,400 shares of the company’s stock valued at $2,658,000 after purchasing an additional 643 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

NASDAQ:FTSM opened at $59.81 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 stock’s 50 day moving average price is $59.86 and its two-hundred day moving average price is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.