Prospera Financial Services Inc Acquires Shares of 31,979 First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Prospera Financial Services Inc acquired a new stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 31,979 shares of the company’s stock, valued at approximately $643,000. Prospera Financial Services Inc owned approximately 0.31% of First Trust Ultra Short Duration Municipal ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FUMB. Opal Wealth Advisors LLC purchased a new position in First Trust Ultra Short Duration Municipal ETF in the 2nd quarter valued at $173,000. Concurrent Investment Advisors LLC purchased a new position in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter valued at $229,000. Kingswood Wealth Advisors LLC raised its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 10.9% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 12,163 shares of the company’s stock worth $244,000 after acquiring an additional 1,197 shares during the period. Core Wealth Partners LLC purchased a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 3rd quarter worth $483,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 50.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 24,700 shares of the company’s stock worth $497,000 after acquiring an additional 8,319 shares during the period.

First Trust Ultra Short Duration Municipal ETF Trading Down 0.1 %

NYSEARCA FUMB opened at $20.06 on Friday. First Trust Ultra Short Duration Municipal ETF has a 52 week low of $19.97 and a 52 week high of $20.18. The business’s fifty day simple moving average is $20.11 and its 200-day simple moving average is $20.11.

About First Trust Ultra Short Duration Municipal ETF

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.