Sigma Planning Corp reduced its holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Rating) by 11.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 44,802 shares of the company's stock after selling 5,742 shares during the quarter. Sigma Planning Corp owned approximately 0.21% of First Trust Short Duration Managed Municipal ETF worth $884,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 0.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 857,593 shares of the company's stock worth $16,719,000 after buying an additional 2,385 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of First Trust Short Duration Managed Municipal ETF by 5.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 428,794 shares of the company's stock worth $8,359,000 after purchasing an additional 22,533 shares during the period. Brinker Capital Investments LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF during the 3rd quarter worth approximately $6,437,000. TruWealth Advisors LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF during the 3rd quarter worth approximately $6,071,000. Finally, Envestnet Asset Management Inc. raised its position in shares of First Trust Short Duration Managed Municipal ETF by 52.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 249,187 shares of the company's stock worth $4,858,000 after purchasing an additional 86,051 shares during the period.
Get First Trust Short Duration Managed Municipal ETF alerts:First Trust Short Duration Managed Municipal ETF Trading Down 0.1 %
Shares of First Trust Short Duration Managed Municipal ETF stock opened at $19.94 on Friday. The business's 50 day simple moving average is $19.82 and its 200-day simple moving average is $19.73. First Trust Short Duration Managed Municipal ETF has a twelve month low of $19.39 and a twelve month high of $20.51.
First Trust Short Duration Managed Municipal ETF Company Profile
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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.
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