Weitzel Financial Services Inc. Has $1.52 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Weitzel Financial Services Inc. decreased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 8.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 25,324 shares of the company’s stock after selling 2,480 shares during the period. First Trust Enhanced Short Maturity ETF comprises 0.7% of Weitzel Financial Services Inc.’s holdings, making the stock its 21st biggest position. Weitzel Financial Services Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,517,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of FTSM. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its position in shares of First Trust Enhanced Short Maturity ETF by 1.5% in 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 in the last quarter. Bellevue Asset Management LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 2.5% in the 2nd 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 in the last quarter. Gentry Private Wealth LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $3,034,000. Mattson Financial Services LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $698,000. Finally, Ameritas Advisory Services LLC increased its position in 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 purchasing an additional 4,892 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Trading Down 0.0 %

FTSM stock opened at $59.81 on Thursday. The company has a 50 day simple moving average of $59.96 and a 200 day simple moving average of $59.84. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.51 and a 1 year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.241 per share. The ex-dividend date of this dividend was Thursday, October 31st.

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.