Main Street Financial Solutions LLC Has $986,000 Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Main Street Financial Solutions LLC lowered its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,464 shares of the company’s stock after selling 1,024 shares during the period. Main Street Financial Solutions LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FTSM. LPL Financial LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock valued at $510,706,000 after acquiring an additional 530,475 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after purchasing an additional 1,321,695 shares in the last quarter. GDS Wealth Management boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,388,183 shares of the company’s stock worth $82,736,000 after purchasing an additional 56,415 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of First Trust Enhanced Short Maturity ETF by 20.1% in the second quarter. Raymond James & Associates now owns 1,147,010 shares of the company’s stock valued at $68,362,000 after buying an additional 192,229 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of NASDAQ FTSM opened at $59.86 on Thursday. 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 50 day simple moving average of $59.95 and a 200 day simple moving average of $59.84.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 31st were paid a dividend of $0.241 per share. The ex-dividend date was Thursday, October 31st.

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.