IMG Wealth Management Inc. Trims Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

IMG Wealth Management Inc. decreased its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,656 shares of the company’s stock after selling 34,695 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 0.9% of IMG Wealth Management Inc.’s holdings, making the stock its 21st biggest position. IMG Wealth Management Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,478,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. 360 Financial Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 0.7% in the 3rd quarter. 360 Financial Inc. now owns 28,589 shares of the company’s stock worth $1,713,000 after purchasing an additional 190 shares during the period. Rathbones Group PLC boosted its stake in First Trust Enhanced Short Maturity ETF by 2.4% in the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock worth $506,000 after purchasing an additional 200 shares during the period. PMV Capital Advisers LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 4.2% in the 4th quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after purchasing an additional 200 shares during the period. Proactive Wealth Strategies LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 0.5% in the 4th quarter. Proactive Wealth Strategies LLC now owns 66,975 shares of the company’s stock worth $4,014,000 after purchasing an additional 318 shares during the period. Finally, Newbridge Financial Services Group Inc. boosted its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 423 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ FTSM opened at $59.87 on Friday. 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 simple moving average of $59.88 and a two-hundred day simple moving average of $59.96.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 30th were paid a $0.201 dividend. The ex-dividend date was Thursday, April 30th.

First Trust Enhanced Short Maturity ETF Company 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.