Tucker Asset Management LLC Has $60.74 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Tucker Asset Management LLC reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 15.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,016,229 shares of the company’s stock after selling 183,892 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 6.5% of Tucker Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding. Tucker Asset Management LLC owned 0.97% of First Trust Enhanced Short Maturity ETF worth $60,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. WR Wealth Planners LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 1.7% during the 4th quarter. WR Wealth Planners LLC now owns 12,641 shares of the company’s stock valued at $756,000 after purchasing an additional 207 shares in the last quarter. TFG Advisers LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 5.1% during the fourth quarter. TFG Advisers LLC now owns 4,252 shares of the company’s stock valued at $254,000 after buying an additional 208 shares in the last quarter. World Equity Group Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 2.0% during the fourth quarter. World Equity Group Inc. now owns 13,606 shares of the company’s stock worth $813,000 after acquiring an additional 271 shares during the period. Sunbelt Securities Inc. raised its position in First Trust Enhanced Short Maturity ETF by 8.6% in the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after acquiring an additional 339 shares in the last quarter. Finally, Client First Investment Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 11.4% in the 4th quarter. Client First Investment Management LLC now owns 4,874 shares of the company’s stock valued at $291,000 after acquiring an additional 498 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of FTSM opened at $60.03 on Friday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.54 and a 12-month high of $60.16. The firm’s 50 day moving average is $59.91 and its 200-day moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th were issued a $0.203 dividend. 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.