Triumph Capital Management lowered its stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 11.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,522 shares of the company’s stock after selling 16,802 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up approximately 1.4% of Triumph Capital Management’s investment portfolio, making the stock its 11th largest position. Triumph Capital Management’s holdings in First Trust Enhanced Short Maturity ETF were worth $8,095,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in FTSM. Northwestern Mutual Wealth Management Co. increased its position in First Trust Enhanced Short Maturity ETF by 1,953.3% in 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 in the last quarter. BDFS Capital LLC bought a new position in First Trust Enhanced Short Maturity ETF in the fourth quarter worth approximately $63,291,000. 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 worth $518,664,000 after acquiring an additional 876,866 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $15,607,000. Finally, Balboa Wealth Partners grew its stake in First Trust Enhanced Short Maturity ETF by 564.2% in the first quarter. Balboa Wealth Partners now owns 304,852 shares of the company’s stock valued at $18,224,000 after acquiring an additional 258,957 shares during the period.
First Trust Enhanced Short Maturity ETF Stock Performance
NASDAQ FTSM opened at $59.68 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.67 and a 52 week high of $60.14. The business has a 50 day moving average price of $59.83 and a 200-day moving average price of $59.87.
First Trust Enhanced Short Maturity ETF Cuts 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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