Capital Analysts LLC Has $217,000 Holdings in First Trust Short Duration Managed Municipal ETF $FSMB

Capital Analysts LLC grew its holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 15.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,935 shares of the company’s stock after purchasing an additional 1,496 shares during the period. Capital Analysts LLC’s holdings in First Trust Short Duration Managed Municipal ETF were worth $217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FSMB. NBC Securities Inc. raised its holdings in shares of First Trust Short Duration Managed Municipal ETF by 113,380.0% in the first quarter. NBC Securities Inc. now owns 5,674 shares of the company’s stock valued at $112,000 after purchasing an additional 5,669 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of First Trust Short Duration Managed Municipal ETF by 1,455.4% in the first quarter. Private Trust Co. NA now owns 9,581 shares of the company’s stock valued at $190,000 after purchasing an additional 8,965 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of First Trust Short Duration Managed Municipal ETF by 271.6% in the first quarter. AE Wealth Management LLC now owns 11,910 shares of the company’s stock valued at $237,000 after purchasing an additional 8,705 shares during the last quarter. Coppell Advisory Solutions LLC raised its holdings in shares of First Trust Short Duration Managed Municipal ETF by 376.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 12,026 shares of the company’s stock valued at $238,000 after purchasing an additional 9,500 shares during the last quarter. Finally, Novem Group acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF in the fourth quarter valued at approximately $258,000.

First Trust Short Duration Managed Municipal ETF Trading Up 0.2%

NYSEARCA FSMB opened at $20.00 on Friday. First Trust Short Duration Managed Municipal ETF has a 12-month low of $19.47 and a 12-month high of $20.11. The firm’s 50 day moving average is $19.94 and its 200-day moving average is $19.87.

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.