MML Investors Services LLC Acquires 5,850 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

MML Investors Services LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 164,122 shares of the company’s stock after purchasing an additional 5,850 shares during the period. MML Investors Services LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,826,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its holdings in First Trust Enhanced Short Maturity ETF by 1.5% during the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,202 shares of the company’s stock valued at $1,025,000 after buying an additional 246 shares during the period. Bellevue Asset Management LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 2.5% during the second quarter. Bellevue Asset Management LLC now owns 48,161 shares of the company’s stock valued at $2,870,000 after buying an additional 1,167 shares during the period. Gentry Private Wealth LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $3,034,000. Mattson Financial Services LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF in the second quarter worth approximately $698,000. Finally, Ameritas Advisory Services LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 7.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 73,225 shares of the company’s stock worth $4,364,000 after acquiring an additional 4,892 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

FTSM stock opened at $59.88 on Wednesday. The business’s fifty day simple moving average is $59.90 and its two-hundred day simple moving average is $59.87. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

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.