Dynamic Advisor Solutions LLC Has $554,000 Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Dynamic Advisor Solutions LLC cut its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,267 shares of the company’s stock after selling 297 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $554,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Tsfg LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $36,000. UMB Bank n.a. acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at about $84,000. Trust Co. of Vermont bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter worth about $84,000. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $91,000. Finally, Centaurus Financial Inc. bought a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $119,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of NASDAQ:FTSM opened at $59.98 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.54 and a 52-week high of $60.16. The business’s 50 day simple moving average is $59.88 and its two-hundred day simple moving average is $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a $0.233 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date was Friday, December 27th.

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.