Inspirion Wealth Advisors LLC Sells 7,994 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Inspirion Wealth Advisors LLC cut its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 12.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,363 shares of the company’s stock after selling 7,994 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up about 0.6% of Inspirion Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest position. Inspirion Wealth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,483,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. SignalPoint Asset Management LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 0.8% in the 3rd quarter. SignalPoint Asset Management LLC now owns 21,642 shares of the company’s stock valued at $1,286,000 after purchasing an additional 176 shares during the period. Orion Portfolio Solutions LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 5.1% in the 1st quarter. Orion Portfolio Solutions LLC now owns 4,861 shares of the company’s stock valued at $289,000 after purchasing an additional 238 shares during the period. FSB Premier Wealth Management Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 4.3% during the second quarter. FSB Premier Wealth Management Inc. now owns 5,893 shares of the company’s stock valued at $350,000 after buying an additional 241 shares during the last quarter. Benedict Financial Advisors Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 8.1% during the third quarter. Benedict Financial Advisors Inc. now owns 3,864 shares of the company’s stock valued at $230,000 after buying an additional 288 shares during the last quarter. Finally, TFG Advisers LLC raised its stake in First Trust Enhanced Short Maturity ETF by 9.4% during the third quarter. TFG Advisers LLC now owns 3,819 shares of the company’s stock valued at $227,000 after buying an additional 328 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ:FTSM opened at $59.74 on Tuesday. The stock has a fifty day simple moving average of $59.77 and a two-hundred day simple moving average of $59.66. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.40 and a 12-month high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 5th. Shareholders of record on Friday, March 1st were issued a $0.24 dividend. The ex-dividend date was Thursday, February 29th.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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