Harbour Investments Inc. Has $16.44 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Harbour Investments Inc. trimmed its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 9.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 275,126 shares of the company’s stock after selling 27,759 shares during the period. Harbour Investments Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $16,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Corient Private Wealth LLC grew its position in First Trust Enhanced Short Maturity ETF by 0.7% in the fourth quarter. Corient Private Wealth LLC now owns 129,253 shares of the company’s stock valued at $7,725,000 after purchasing an additional 935 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in First Trust Enhanced Short Maturity ETF by 73.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 24,593 shares of the company’s stock valued at $1,470,000 after purchasing an additional 10,379 shares in the last quarter. First Financial Group Corp bought a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $918,000. United Capital Management of KS Inc. grew its position in First Trust Enhanced Short Maturity ETF by 13.0% in the fourth quarter. United Capital Management of KS Inc. now owns 8,886 shares of the company’s stock valued at $531,000 after purchasing an additional 1,023 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in First Trust Enhanced Short Maturity ETF by 19.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 727,414 shares of the company’s stock valued at $43,478,000 after purchasing an additional 119,757 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

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 company has a fifty day simple moving average of $59.88 and a 200 day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 28th were given a $0.203 dividend. The ex-dividend date was Friday, February 28th.

About First Trust Enhanced Short Maturity ETF

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.