First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Shares Purchased by James Investment Research Inc.

James Investment Research Inc. lifted its position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 13.5% in the fourth quarter, Holdings Channel reports. The firm owned 129,437 shares of the company’s stock after acquiring an additional 15,428 shares during the period. James Investment Research Inc.’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $2,600,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FUMB. Mainsail Financial Group LLC boosted its position in shares of First Trust Ultra Short Duration Municipal ETF by 9.7% in the 3rd quarter. Mainsail Financial Group LLC now owns 273,196 shares of the company’s stock valued at $5,499,000 after purchasing an additional 24,164 shares during the period. J.W. Cole Advisors Inc. raised its stake in First Trust Ultra Short Duration Municipal ETF by 5.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 138,779 shares of the company’s stock valued at $2,792,000 after acquiring an additional 7,771 shares during the last quarter. Stephens Inc. AR raised its stake in First Trust Ultra Short Duration Municipal ETF by 17.2% during the 3rd quarter. Stephens Inc. AR now owns 41,611 shares of the company’s stock valued at $837,000 after acquiring an additional 6,095 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at approximately $229,000. Finally, Core Wealth Partners LLC purchased a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at approximately $483,000.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.0 %

FUMB opened at $20.13 on Friday. The business has a 50 day moving average price of $20.10 and a two-hundred day moving average price of $20.12. First Trust Ultra Short Duration Municipal ETF has a 52 week low of $20.00 and a 52 week high of $20.18.

About First Trust Ultra Short Duration Municipal ETF

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.