Capital Analysts LLC Trims Holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Capital Analysts LLC trimmed its position in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,039 shares of the company’s stock after selling 511 shares during the quarter. Capital Analysts LLC’s holdings in First Trust Short Duration Managed Municipal ETF were worth $200,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. PFS Partners LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 37,684.8% in the fourth quarter. PFS Partners LLC now owns 567,527 shares of the company’s stock worth $11,322,000 after purchasing an additional 566,025 shares during the last quarter. RFG Advisory LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 11.2% during the fourth quarter. RFG Advisory LLC now owns 34,928 shares of the company’s stock worth $697,000 after acquiring an additional 3,529 shares during the period. International Assets Investment Management LLC acquired a new stake in First Trust Short Duration Managed Municipal ETF during the fourth quarter worth about $1,539,000. Allworth Financial LP grew its holdings in First Trust Short Duration Managed Municipal ETF by 182.5% during the fourth quarter. Allworth Financial LP now owns 146,906 shares of the company’s stock worth $2,931,000 after acquiring an additional 94,910 shares during the period. Finally, Nilsine Partners LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 1.0% during the fourth quarter. Nilsine Partners LLC now owns 219,534 shares of the company’s stock worth $4,380,000 after acquiring an additional 2,078 shares during the period.

First Trust Short Duration Managed Municipal ETF Price Performance

First Trust Short Duration Managed Municipal ETF stock opened at $19.79 on Friday. First Trust Short Duration Managed Municipal ETF has a 52 week low of $19.31 and a 52 week high of $19.98. The business’s 50-day moving average price is $19.86 and its 200 day moving average price is $19.75.

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.