Why This $83 Million Exit Signals a Shift as Short-Term Bond ETF Loses 8.6% Allocation

Florida-based Bramshill Investments reported a full exit from the First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in a November 14 SEC filing, reducing assets by $82.60 million.According to a Securities and Exchange Commission (SEC) filing dated November 14, Bramshill Investments eliminated its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM). The fund sold 1.38 million shares during the third quarter for an estimated $82.60 million based on quarterly average pricing. FTSM had previously accounted for 8.64% of Bramshill’s assets under management in the prior quarter.Top holdings following the filing:  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool