First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Holdings Lowered by Stifel Financial Corp

Stifel Financial Corp lessened its position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 87,164 shares of the company’s stock after selling 1,487 shares during the quarter. Stifel Financial Corp owned approximately 0.85% of First Trust Ultra Short Duration Municipal ETF worth $1,753,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its position in shares of First Trust Ultra Short Duration Municipal ETF by 0.7% in the third quarter. Rockefeller Capital Management L.P. now owns 515,952 shares of the company’s stock worth $10,377,000 after buying an additional 3,419 shares during the period. Mainsail Financial Group LLC boosted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 9.7% during the third quarter. Mainsail Financial Group LLC now owns 273,196 shares of the company’s stock worth $5,499,000 after purchasing an additional 24,164 shares during the period. Nilsine Partners LLC increased its stake in First Trust Ultra Short Duration Municipal ETF by 1.4% in the 2nd quarter. Nilsine Partners LLC now owns 216,309 shares of the company’s stock valued at $4,339,000 after buying an additional 2,987 shares during the period. J.W. Cole Advisors Inc. lifted its position in First Trust Ultra Short Duration Municipal ETF by 5.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 138,779 shares of the company’s stock worth $2,792,000 after buying an additional 7,771 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 2nd quarter valued at $1,528,000.

First Trust Ultra Short Duration Municipal ETF Trading Up 0.0 %

Shares of NYSEARCA:FUMB opened at $20.08 on Friday. First Trust Ultra Short Duration Municipal ETF has a 1 year low of $20.00 and a 1 year high of $20.18. The business has a fifty day simple moving average of $20.10 and a 200 day simple moving average of $20.12.

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.