Commonwealth Equity Services LLC Has $3.25 Million Stock Holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Commonwealth Equity Services LLC cut its holdings in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Get Rating) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 163,836 shares of the company’s stock after selling 5,175 shares during the period. Commonwealth Equity Services LLC owned about 1.00% of First Trust Ultra Short Duration Municipal ETF worth $3,247,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EdgeRock Capital LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $25,000. UBS Group AG acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 1st quarter worth approximately $47,000. Global Retirement Partners LLC lifted its position in shares of First Trust Ultra Short Duration Municipal ETF by 182.5% in the 3rd quarter. Global Retirement Partners LLC now owns 4,125 shares of the company’s stock worth $82,000 after purchasing an additional 2,665 shares during the period. Mach 1 Financial Group LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $192,000. Finally, RFG Advisory LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $208,000.

First Trust Ultra Short Duration Municipal ETF Trading Up 0.1 %

First Trust Ultra Short Duration Municipal ETF stock opened at $19.94 on Friday. First Trust Ultra Short Duration Municipal ETF has a 12-month low of $19.79 and a 12-month high of $20.05. The firm’s fifty day moving average is $19.95 and its 200 day moving average is $19.92.

About First Trust Ultra Short Duration Municipal ETF

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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.