Journey Strategic Wealth LLC Has $248,000 Stock Position in First Trust Short Duration Managed Municipal ETF $FSMB

Journey Strategic Wealth LLC decreased its stake in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 19.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,445 shares of the company’s stock after selling 3,101 shares during the quarter. Journey Strategic Wealth LLC owned 0.05% of First Trust Short Duration Managed Municipal ETF worth $248,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Prime Capital Investment Advisors LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 2.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 28,264 shares of the company’s stock valued at $563,000 after purchasing an additional 591 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in First Trust Short Duration Managed Municipal ETF by 0.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 118,889 shares of the company’s stock valued at $2,366,000 after buying an additional 604 shares during the period. Prospera Financial Services Inc raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 2.1% in the 2nd quarter. Prospera Financial Services Inc now owns 40,499 shares of the company’s stock valued at $806,000 after buying an additional 837 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 29.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,154 shares of the company’s stock valued at $103,000 after buying an additional 1,180 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 15.8% during the 1st quarter. Capital Analysts LLC now owns 10,935 shares of the company’s stock worth $217,000 after acquiring an additional 1,496 shares during the period.

First Trust Short Duration Managed Municipal ETF Stock Up 0.1%

NYSEARCA FSMB opened at $20.02 on Tuesday. The stock’s 50 day moving average is $20.09 and its two-hundred day moving average is $19.98. First Trust Short Duration Managed Municipal ETF has a 1-year low of $19.47 and a 1-year high of $20.21.

First Trust Short Duration Managed Municipal ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 21st will be paid a $0.052 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 3.1%.

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.