Manchester Financial Inc. Sells 9,687 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Manchester Financial Inc. lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 4.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 191,925 shares of the company’s stock after selling 9,687 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 2.2% of Manchester Financial Inc.’s portfolio, making the stock its 15th largest holding. Manchester Financial Inc. owned approximately 0.18% of First Trust Enhanced Short Maturity ETF worth $11,473,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTSM. Newbridge Financial Services Group Inc. grew its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after acquiring an additional 423 shares in the last quarter. Blair William & Co. IL boosted its holdings in First Trust Enhanced Short Maturity ETF by 195.9% in the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock valued at $44,000 after purchasing an additional 482 shares during the period. Blue Trust Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $46,000. Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $67,000.

Get First Trust Enhanced Short Maturity ETF alerts:

First Trust Enhanced Short Maturity ETF Trading Down 0.4%

Shares of FTSM stock opened at $59.73 on Wednesday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14. The business’s fifty day moving average is $59.87 and its 200 day moving average is $59.93.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 30th will be issued a $0.203 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

First Trust Enhanced Short Maturity ETF 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.

Read More

• Five stocks we like better than First Trust Enhanced Short Maturity ETF
• NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
• Amazon Could Be About to Reap the Rewards of a Software Spending Boom
• Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
• AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?

Receive News & Ratings for First Trust Enhanced Short Maturity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Enhanced Short Maturity ETF and related companies with MarketBeat.com's FREE daily email newsletter.