First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) is Manchester Financial Inc.’s 7th Largest Position

Manchester Financial Inc. reduced its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,153 shares of the company’s stock after selling 41,298 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 3.9% of Manchester Financial Inc.’s holdings, making the stock its 7th biggest position. Manchester Financial Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $17,641,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. GDS Wealth Management grew its position 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 worth $88,131,000 after acquiring an additional 989,192 shares during the last quarter. TCP Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $18,798,000. Holistic Planning LLC grew its position in First Trust Enhanced Short Maturity ETF by 1,689.7% during the 4th quarter. Holistic Planning LLC now owns 261,409 shares of the company’s stock worth $15,624,000 after purchasing an additional 246,803 shares during the last quarter. JPMorgan Chase & Co. grew its position in First Trust Enhanced Short Maturity ETF by 1,602.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after purchasing an additional 206,449 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in First Trust Enhanced Short Maturity ETF by 56.7% in the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after purchasing an additional 182,844 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

Shares of NASDAQ:FTSM opened at $59.85 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The company has a 50-day simple moving average of $59.86 and a 200-day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were paid a dividend of $0.226 per share. This represents a $2.71 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend was Friday, January 31st.

First Trust Enhanced Short Maturity ETF 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.