First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Stock Position Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMBFree Report) by 2.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,861 shares of the company’s stock after acquiring an additional 675 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.15% of First Trust Short Duration Managed Municipal ETF worth $652,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Harbour Investments Inc. lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 5.6% in the third quarter. Harbour Investments Inc. now owns 17,784 shares of the company’s stock worth $345,000 after buying an additional 941 shares during the last quarter. TruWealth Advisors LLC lifted its holdings in First Trust Short Duration Managed Municipal ETF by 3.9% in the 4th quarter. TruWealth Advisors LLC now owns 522,342 shares of the company’s stock worth $10,421,000 after purchasing an additional 19,610 shares during the last quarter. Advisory Resource Group lifted its holdings in First Trust Short Duration Managed Municipal ETF by 0.6% in the 4th quarter. Advisory Resource Group now owns 98,460 shares of the company’s stock worth $1,964,000 after purchasing an additional 610 shares during the last quarter. Naples Global Advisors LLC bought a new stake in First Trust Short Duration Managed Municipal ETF during the fourth quarter worth approximately $269,000. Finally, Raymond James & Associates grew its holdings in First Trust Short Duration Managed Municipal ETF by 8.2% during the fourth quarter. Raymond James & Associates now owns 70,969 shares of the company’s stock valued at $1,416,000 after purchasing an additional 5,401 shares during the last quarter.

First Trust Short Duration Managed Municipal ETF Price Performance

NYSEARCA:FSMB opened at $19.83 on Wednesday. The company’s 50 day moving average is $19.77 and its 200-day moving average is $19.83. First Trust Short Duration Managed Municipal ETF has a 12 month low of $19.31 and a 12 month high of $19.97.

About First Trust Short Duration Managed Municipal ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

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