Foundations Investment Advisors LLC Sells 48,121 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Mitch Edgeman on Jan 28th, 2025

Foundations Investment Advisors LLC decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 45.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 57,779 shares of the company’s stock after selling 48,121 shares during the quarter. Foundations Investment Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $3,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSM. Tsfg LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth $36,000. UMB Bank n.a. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $84,000. Trust Co. of Vermont purchased a new stake in First Trust Enhanced Short Maturity ETF in the 3rd quarter worth $84,000. AdvisorNet Financial Inc bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 4th quarter valued at about $91,000. Finally, Centaurus Financial Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at about $119,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

NASDAQ:FTSM opened at $59.98 on Tuesday. The business’s 50-day moving average is $59.88 and its 200 day moving average is $59.90. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were issued a dividend of $0.233 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date of this dividend 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.