Cetera Investment Advisers lowered its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 11.8% during the first quarter, Holdings Channel reports. The fund owned 1,577,404 shares of the company’s stock after selling 211,446 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Enhanced Short Maturity ETF were worth $94,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in the business. Wells Fargo & Company MN boosted its holdings in First Trust Enhanced Short Maturity ETF by 11.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock valued at $518,664,000 after purchasing an additional 876,866 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after buying an additional 3,600,586 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.2% in the 4th quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock valued at $178,708,000 after buying an additional 34,833 shares during the period. Bank of America Corp DE lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock valued at $149,744,000 after buying an additional 110,033 shares during the period. Finally, Csenge Advisory Group boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 0.6% in the fourth quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after buying an additional 10,743 shares during the last quarter.
First Trust Enhanced Short Maturity ETF Stock Performance
NASDAQ FTSM opened at $59.83 on Friday. The business’s fifty day simple moving average is $59.84 and its 200-day simple moving average is $59.91. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.72 and a 52 week high of $60.14.
First Trust Enhanced Short Maturity ETF Increases Dividend
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.
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