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Janney Montgomery Scott LLC Sells 62,843 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Defense World ·  Apr 29, 2023 16:44

Janney Montgomery Scott LLC reduced its stake in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Rating) by 50.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,967 shares of the company's stock after selling 62,843 shares during the period. Janney Montgomery Scott LLC owned 0.30% of First Trust Short Duration Managed Municipal ETF worth $1,243,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. RFG Advisory LLC raised its position in First Trust Short Duration Managed Municipal ETF by 69.6% during the 3rd quarter. RFG Advisory LLC now owns 19,662 shares of the company's stock worth $383,000 after purchasing an additional 8,070 shares during the last quarter. Strategic Wealth Advisors Group LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 43.8% during the 3rd quarter. Strategic Wealth Advisors Group LLC now owns 96,665 shares of the company's stock worth $1,884,000 after acquiring an additional 29,466 shares during the period. Mutual Advisors LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 6.0% during the 4th quarter. Mutual Advisors LLC now owns 80,688 shares of the company's stock worth $1,593,000 after acquiring an additional 4,540 shares during the period. Trust Co. of Oklahoma acquired a new stake in First Trust Short Duration Managed Municipal ETF during the 4th quarter worth about $873,000. Finally, Sigma Planning Corp grew its holdings in First Trust Short Duration Managed Municipal ETF by 8.6% during the 3rd quarter. Sigma Planning Corp now owns 50,544 shares of the company's stock worth $985,000 after acquiring an additional 4,001 shares during the period.

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First Trust Short Duration Managed Municipal ETF Trading Up 0.2 %

Shares of First Trust Short Duration Managed Municipal ETF stock opened at $19.82 on Friday. The business has a 50-day moving average price of $19.81 and a two-hundred day moving average price of $19.76. First Trust Short Duration Managed Municipal ETF has a 1-year low of $19.39 and a 1-year 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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Want to see what other hedge funds are holding FSMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Rating).

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