Janney Montgomery Scott LLC Sells 217,876 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Janney Montgomery Scott LLC decreased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 35.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 398,654 shares of the company’s stock after selling 217,876 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $23,832,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,953.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after buying an additional 3,600,586 shares during the last quarter. BDFS Capital LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth about $63,291,000. Wells Fargo & Company MN raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.3% in the 4th quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after acquiring an additional 876,866 shares during the last quarter. GDS Wealth Management lifted its position in First Trust Enhanced Short Maturity ETF by 105.2% in the 4th quarter. GDS Wealth Management now owns 859,078 shares of the company’s stock valued at $51,485,000 after acquiring an additional 440,329 shares in the last quarter. Finally, Kaydan Wealth Management Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 651.8% in the 4th quarter. Kaydan Wealth Management Inc. now owns 415,493 shares of the company’s stock valued at $24,900,000 after acquiring an additional 360,223 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.94 on Tuesday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.74 and a 52 week high of $60.14. The business has a 50 day moving average price of $59.87 and a 200-day moving average price of $59.93.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 29th were given a $0.205 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, May 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.