Atria Investments Inc lessened its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Free Report) by 14.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,776 shares of the company’s stock after selling 1,921 shares during the period. Atria Investments Inc owned 0.06% of First Trust Short Duration Managed Municipal ETF worth $234,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in FSMB. PFS Partners LLC boosted its stake in First Trust Short Duration Managed Municipal ETF by 17.3% in the fourth quarter. PFS Partners LLC now owns 752,860 shares of the company’s stock valued at $14,937,000 after acquiring an additional 111,034 shares in the last quarter. Genesis Private Wealth LLC purchased a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 4th quarter valued at about $1,060,000. Hedeker Wealth LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 4th quarter valued at about $1,059,000. Truist Financial Corp grew its stake in First Trust Short Duration Managed Municipal ETF by 177.7% during the 4th quarter. Truist Financial Corp now owns 64,776 shares of the company’s stock worth $1,285,000 after buying an additional 41,448 shares during the last quarter. Finally, Prospera Financial Services Inc acquired a new position in First Trust Short Duration Managed Municipal ETF during the third quarter worth approximately $644,000.
First Trust Short Duration Managed Municipal ETF Price Performance
FSMB stock opened at $19.94 on Wednesday. The business has a 50 day simple moving average of $19.91 and a 200-day simple moving average of $19.94. First Trust Short Duration Managed Municipal ETF has a twelve month low of $19.65 and a twelve month high of $20.11.
First Trust Short Duration Managed Municipal ETF Company Profile
The First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation.
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