Brookstone Capital Management Cuts Stock Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Brookstone Capital Management decreased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 13.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,381 shares of the company’s stock after selling 859 shares during the quarter. Brookstone Capital Management’s holdings in First Trust Enhanced Short Maturity ETF were worth $322,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. GDS Wealth Management lifted its position in First Trust Enhanced Short Maturity ETF by 204.9% during the third quarter. GDS Wealth Management now owns 1,472,046 shares of the company’s stock valued at $88,131,000 after purchasing an additional 989,192 shares during the period. Stifel Financial Corp raised its position in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the 3rd quarter. Stifel Financial Corp now owns 837,811 shares of the company’s stock valued at $50,159,000 after purchasing an additional 84,918 shares during the period. Kingsview Wealth Management LLC grew its stake in First Trust Enhanced Short Maturity ETF by 56.7% during the third quarter. Kingsview Wealth Management LLC now owns 505,391 shares of the company’s stock valued at $30,258,000 after acquiring an additional 182,844 shares in the last quarter. Truist Financial Corp grew its stake in First Trust Enhanced Short Maturity ETF by 20.1% during the second quarter. Truist Financial Corp now owns 313,096 shares of the company’s stock valued at $18,661,000 after acquiring an additional 52,501 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock valued at $18,540,000 after acquiring an additional 13,539 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0 %

FTSM opened at $59.91 on Friday. 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 company has a fifty day moving average of $59.87 and a 200 day moving average of $59.89.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.233 dividend. 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.

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.