Grant GrossMendelsohn LLC Cuts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Martin Roberts on Jan 18th, 2025

Grant GrossMendelsohn LLC lessened its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 53.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,287 shares of the company’s stock after selling 8,494 shares during the quarter. Grant GrossMendelsohn LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $436,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $34,000. Tsfg LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth $36,000. UMB Bank n.a. acquired a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at $84,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth $84,000. Finally, AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter worth $91,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of NASDAQ FTSM opened at $59.91 on Friday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.54 and a 52 week high of $60.16. The firm has a 50-day moving average price of $59.87 and a 200 day moving average price of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were paid a dividend of $0.233 per share. This is a positive change 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

(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.