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Orion Portfolio Solutions LLC Acquires Shares of 65,891 First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Financial News Live ·  Feb 8, 2023 21:32

Orion Portfolio Solutions LLC acquired a new stake in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 65,891 shares of the company's stock, valued at approximately $1,285,000. Orion Portfolio Solutions LLC owned 0.34% of First Trust Short Duration Managed Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. EdgeRock Capital LLC purchased a new position in shares of First Trust Short Duration Managed Municipal ETF during the third quarter valued at approximately $25,000. Allworth Financial LP bought a new stake in First Trust Short Duration Managed Municipal ETF during the third quarter worth $25,000. Wipfli Financial Advisors LLC bought a new stake in First Trust Short Duration Managed Municipal ETF during the third quarter worth $58,000. Total Clarity Wealth Management Inc. bought a new stake in First Trust Short Duration Managed Municipal ETF during the second quarter worth $149,000. Finally, Atria Wealth Solutions Inc. bought a new stake in First Trust Short Duration Managed Municipal ETF during the second quarter worth $203,000.

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First Trust Short Duration Managed Municipal ETF Stock Performance

Shares of First Trust Short Duration Managed Municipal ETF stock opened at $19.94 on Wednesday. The business's fifty day simple moving average is $19.85 and its 200 day simple moving average is $19.76. First Trust Short Duration Managed Municipal ETF has a 12 month low of $19.39 and a 12 month high of $20.54.

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