Strait & Sound Wealth Management LLC Sells 4,485 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Michael Walen on Dec 10th, 2024

Strait & Sound Wealth Management LLC lessened its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 32.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 9,174 shares of the company’s stock after selling 4,485 shares during the period. Strait & Sound Wealth Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $549,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter valued at $34,000. Tsfg LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $36,000. PSI Advisors LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 1,893.9% in the second quarter. PSI Advisors LLC now owns 1,316 shares of the company’s stock worth $78,000 after acquiring an additional 1,250 shares during the period. UMB Bank n.a. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth about $84,000. Finally, Trust Co. of Vermont bought a new stake in First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $84,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.87 on Tuesday. The firm has a fifty day moving average price of $59.91 and a 200 day moving average price of $59.87. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 29th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, November 29th.

First Trust Enhanced Short Maturity ETF Company 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.