Allworth Financial LP Has $3.10 Million Position in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Allworth Financial LP trimmed its holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,791 shares of the company’s stock after selling 8,707 shares during the quarter. Allworth Financial LP owned about 0.74% of First Trust Short Duration Managed Municipal ETF worth $3,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter valued at about $77,000. EdgeRock Capital LLC acquired a new position in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter valued at about $91,000. Rooted Wealth Advisors Inc. increased its position in First Trust Short Duration Managed Municipal ETF by 16.2% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 11,713 shares of the company’s stock valued at $233,000 after buying an additional 1,637 shares in the last quarter. Iams Wealth Management LLC increased its position in First Trust Short Duration Managed Municipal ETF by 9.2% in the 1st quarter. Iams Wealth Management LLC now owns 14,321 shares of the company’s stock valued at $285,000 after buying an additional 1,210 shares in the last quarter. Finally, Summit Wealth Partners LLC increased its position in First Trust Short Duration Managed Municipal ETF by 9.2% in the 2nd quarter. Summit Wealth Partners LLC now owns 17,331 shares of the company’s stock valued at $343,000 after buying an additional 1,464 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Stock Up 0.0 %

Shares of First Trust Short Duration Managed Municipal ETF stock opened at $19.89 on Monday. First Trust Short Duration Managed Municipal ETF has a one year low of $19.31 and a one year high of $20.08. The business has a 50-day simple moving average of $20.01 and a 200 day simple moving average of $19.88.

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.