First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Shares Sold by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. trimmed its position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 29.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,970 shares of the company’s stock after selling 2,531 shares during the period. Concourse Financial Group Securities Inc. owned approximately 0.06% of First Trust Ultra Short Duration Municipal ETF worth $120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 2nd quarter worth approximately $1,528,000. Commonwealth Equity Services LLC grew its holdings in First Trust Ultra Short Duration Municipal ETF by 16.4% during the first quarter. Commonwealth Equity Services LLC now owns 262,977 shares of the company’s stock worth $5,269,000 after acquiring an additional 36,968 shares during the period. Mainsail Financial Group LLC raised its position in First Trust Ultra Short Duration Municipal ETF by 15.6% in the second quarter. Mainsail Financial Group LLC now owns 249,032 shares of the company’s stock worth $4,996,000 after acquiring an additional 33,523 shares in the last quarter. Cetera Advisors LLC lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 58.7% in the first quarter. Cetera Advisors LLC now owns 54,859 shares of the company’s stock valued at $1,099,000 after acquiring an additional 20,291 shares during the period. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of First Trust Ultra Short Duration Municipal ETF during the 1st quarter worth $220,000.

First Trust Ultra Short Duration Municipal ETF Trading Up 0.0 %

Shares of FUMB opened at $20.12 on Friday. First Trust Ultra Short Duration Municipal ETF has a 52-week low of $19.90 and a 52-week high of $20.18. The company has a 50-day simple moving average of $20.14 and a 200-day simple moving average of $20.10.

First Trust Ultra Short Duration Municipal ETF Profile

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.