First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Shares Acquired by FSB Premier Wealth Management Inc.

FSB Premier Wealth Management Inc. increased its position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 54,492 shares of the company’s stock after acquiring an additional 1,687 shares during the quarter. FSB Premier Wealth Management Inc.’s holdings in First Trust Short Duration Managed Municipal ETF were worth $1,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of FSMB. Tucker Asset Management LLC purchased a new position in First Trust Short Duration Managed Municipal ETF during the 4th quarter worth approximately $31,000. Core Wealth Partners LLC raised its holdings in shares of First Trust Short Duration Managed Municipal ETF by 7.4% during the fourth quarter. Core Wealth Partners LLC now owns 63,227 shares of the company’s stock worth $1,254,000 after purchasing an additional 4,370 shares during the last quarter. LPL Financial LLC lifted its position in First Trust Short Duration Managed Municipal ETF by 11.8% during the fourth quarter. LPL Financial LLC now owns 1,318,387 shares of the company’s stock valued at $26,157,000 after purchasing an additional 138,848 shares during the period. Condor Capital Management boosted its holdings in First Trust Short Duration Managed Municipal ETF by 1.7% in the fourth quarter. Condor Capital Management now owns 227,821 shares of the company’s stock valued at $4,520,000 after purchasing an additional 3,826 shares during the last quarter. Finally, Brooklyn FI LLC purchased a new stake in First Trust Short Duration Managed Municipal ETF in the fourth quarter valued at $464,000.

First Trust Short Duration Managed Municipal ETF Trading Up 0.2 %

NYSEARCA FSMB opened at $19.85 on Monday. The stock has a 50-day simple moving average of $19.92 and a two-hundred day simple moving average of $19.93. First Trust Short Duration Managed Municipal ETF has a fifty-two week low of $19.65 and a fifty-two week high of $20.11.

First Trust Short Duration Managed Municipal ETF 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.