Raymond James & Associates Sells 243,970 Shares of First Trust Enhanced Short Maturity ETF (FTSM)

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Raymond James & Associates reduced its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 23.7% during the first quarter, Holdings Channel reports. The institutional investor owned 787,245 shares of the company’s stock after selling 243,970 shares during the quarter. Raymond James & Associates’ holdings in First Trust Enhanced Short Maturity ETF were worth $47,219,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of First Trust Enhanced Short Maturity ETF by 55.5% in the fourth quarter. Bank of America Corp DE now owns 5,353,102 shares of the company’s stock worth $320,384,000 after purchasing an additional 1,911,500 shares during the last quarter. LPL Financial LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 52.1% in the fourth quarter. LPL Financial LLC now owns 1,509,634 shares of the company’s stock worth $90,352,000 after buying an additional 517,142 shares during the period. Planning Alternatives Ltd. ADV purchased a new stake in First Trust Enhanced Short Maturity ETF in the first quarter worth about $67,251,000. Raymond James Financial Services Advisors Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 110.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 948,166 shares of the company’s stock worth $56,748,000 after buying an additional 497,808 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 57.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 870,822 shares of the company’s stock worth $52,119,000 after buying an additional 317,744 shares during the period.

Shares of FTSM opened at $60.08 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.78 and a one year high of $60.12.

The business also recently disclosed a monthly dividend, which was paid on Friday, May 3rd. Shareholders of record on Wednesday, May 1st were issued a $0.126 dividend. The ex-dividend date of this dividend was Tuesday, April 30th. This represents a $1.51 annualized dividend and a yield of 2.52%.

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Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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