Orion Portfolio Solutions LLC Has $442,000 Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Orion Portfolio Solutions LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 61.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,390 shares of the company’s stock after buying an additional 2,821 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $442,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $34,000. Tsfg LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at $36,000. PSI Advisors LLC increased 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 last quarter. UMB Bank n.a. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth $84,000. Finally, Trust Co. of Vermont acquired a new stake in First Trust Enhanced Short Maturity ETF during the third quarter valued at $84,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.1 %

Shares of FTSM stock opened at $59.87 on Thursday. 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 stock’s 50-day moving average is $59.90 and its two-hundred day moving average is $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

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

First Trust Enhanced Short Maturity ETF Profile

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.