Arkadios Wealth Advisors Sells 4,620 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Arkadios Wealth Advisors lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,741 shares of the company’s stock after selling 4,620 shares during the quarter. Arkadios Wealth Advisors’ holdings in First Trust Enhanced Short Maturity ETF were worth $1,778,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $34,000. Tsfg LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $36,000. UMB Bank n.a. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. Trust Co. of Vermont bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth approximately $84,000. Finally, AdvisorNet Financial Inc bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at $91,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of FTSM opened at $59.91 on Friday. The stock has a fifty day moving average price of $59.87 and a two-hundred day moving average price of $59.89. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.