Atria Investments Inc increased its stake in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Rating) by 57.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,461 shares of the company's stock after buying an additional 61,758 shares during the quarter. Atria Investments Inc owned approximately 0.80% of First Trust Short Duration Managed Municipal ETF worth $3,345,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in FSMB. Cetera Investment Advisers raised its stake in First Trust Short Duration Managed Municipal ETF by 27.7% in the 1st quarter. Cetera Investment Advisers now owns 160,797 shares of the company's stock valued at $3,230,000 after acquiring an additional 34,918 shares during the period. Eudaimonia Partners LLC bought a new stake in First Trust Short Duration Managed Municipal ETF in the 1st quarter valued at $215,000. Royal Bank of Canada increased its position in First Trust Short Duration Managed Municipal ETF by 8.2% during the 1st quarter. Royal Bank of Canada now owns 145,904 shares of the company's stock worth $2,930,000 after buying an additional 11,025 shares during the period. Jane Street Group LLC increased its position in First Trust Short Duration Managed Municipal ETF by 80.1% during the 1st quarter. Jane Street Group LLC now owns 128,902 shares of the company's stock worth $2,589,000 after buying an additional 57,325 shares during the period. Finally, Advisory Services Network LLC increased its position in First Trust Short Duration Managed Municipal ETF by 20.4% during the 1st quarter. Advisory Services Network LLC now owns 45,886 shares of the company's stock worth $922,000 after buying an additional 7,767 shares during the period.
Get First Trust Short Duration Managed Municipal ETF alerts:First Trust Short Duration Managed Municipal ETF Stock Performance
Shares of NYSEARCA FSMB opened at $19.93 on Monday. First Trust Short Duration Managed Municipal ETF has a 52 week low of $19.39 and a 52 week high of $20.51. The stock's fifty day moving average is $19.82 and its 200 day moving average is $19.75.
First Trust Short Duration Managed Municipal ETF Company Profile
(Get Rating)
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.
Further Reading
- Get a free copy of the StockNews.com research report on First Trust Short Duration Managed Municipal ETF (FSMB)
- MarketBeat Week in Review – 4/10 – 4/14
- What is an IRA Account? All About IRAs
- Investing in Quantum Computing: A Guide
- Earnings Beat Proves Citigroup to be The Cheaper Bank Stock
- How to Invest in an IRA in 7 Simple Steps
Receive News & Ratings for First Trust Short Duration Managed Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Short Duration Managed Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.