First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Cherry Creek Investment Advisors Inc.

Cherry Creek Investment Advisors Inc. lowered its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,158 shares of the company’s stock after selling 536 shares during the quarter. Cherry Creek Investment Advisors Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $547,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Petix & Botte Co lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 12.9% in the 4th quarter. Petix & Botte Co now owns 210,435 shares of the company’s stock worth $12,578,000 after acquiring an additional 24,071 shares during the period. Stablepoint Partners LLC lifted its position in First Trust Enhanced Short Maturity ETF by 21.4% in the fourth quarter. Stablepoint Partners LLC now owns 155,398 shares of the company’s stock worth $9,288,000 after purchasing an additional 27,363 shares during the period. Flagship Harbor Advisors LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 123.6% during the 4th quarter. Flagship Harbor Advisors LLC now owns 20,581 shares of the company’s stock valued at $1,230,000 after purchasing an additional 11,375 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $1,126,000. Finally, PCG Wealth Advisors LLC raised its position in First Trust Enhanced Short Maturity ETF by 891.1% in the fourth quarter. PCG Wealth Advisors LLC now owns 116,994 shares of the company’s stock worth $6,993,000 after acquiring an additional 105,189 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ:FTSM opened at $59.98 on Tuesday. 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 50-day moving average of $59.88 and a 200-day moving average of $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were issued a dividend of $0.233 per share. The ex-dividend date was Friday, December 27th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

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.