Harbour Investments Inc. Sells 27,759 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Harbour Investments Inc. cut its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,126 shares of the company’s stock after selling 27,759 shares during the period. Harbour Investments Inc. owned approximately 0.26% of First Trust Enhanced Short Maturity ETF worth $16,444,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FTSM. Marshall Investment Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $33,000. US Bancorp DE raised its position in First Trust Enhanced Short Maturity ETF by 298.0% in the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after purchasing an additional 873 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $91,000. Centaurus Financial Inc. raised its position in First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock worth $151,000 after purchasing an additional 527 shares in the last quarter. Finally, Global Trust Asset Management LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $159,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The firm’s 50-day moving average price is $59.88 and its two-hundred day moving average price is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were paid a dividend of $0.203 per share. The ex-dividend date of this dividend was Friday, February 28th.

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.