First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Cottonwood Capital Advisors LLC

Posted by James Nelson on Jan 25th, 2025

Cottonwood Capital Advisors LLC lowered its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,366 shares of the company’s stock after selling 471 shares during the period. Cottonwood Capital Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $560,000 as of its most recent SEC filing.

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

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.95 on Friday. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16. The business’s fifty day moving average is $59.87 and its two-hundred day 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 given a $0.233 dividend. This is a positive change 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

(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.