Dynamic Advisor Solutions LLC acquired a new position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,893 shares of the company’s stock, valued at approximately $315,000. Dynamic Advisor Solutions LLC owned about 0.08% of First Trust Short Duration Managed Municipal ETF at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. purchased a new stake in shares of First Trust Short Duration Managed Municipal ETF in the third quarter valued at about $219,000. Atria Investments Inc bought a new stake in First Trust Short Duration Managed Municipal ETF in the 3rd quarter worth about $274,000. Flow Traders U.S. LLC purchased a new stake in First Trust Short Duration Managed Municipal ETF in the 3rd quarter valued at about $297,000. Summit Wealth Partners LLC lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 9.2% during the 2nd quarter. Summit Wealth Partners LLC now owns 17,331 shares of the company’s stock worth $343,000 after buying an additional 1,464 shares in the last quarter. Finally, Silver Oak Securities Incorporated purchased a new position in shares of First Trust Short Duration Managed Municipal ETF in the 3rd quarter worth approximately $390,000.
First Trust Short Duration Managed Municipal ETF Price Performance
FSMB stock opened at $19.90 on Wednesday. The business has a 50 day moving average of $19.89 and a 200-day moving average of $19.94. First Trust Short Duration Managed Municipal ETF has a 12-month low of $19.65 and a 12-month high of $20.11.
First Trust Short Duration Managed Municipal ETF Profile
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.
Recommended Stories
- Five stocks we like better than First Trust Short Duration Managed Municipal ETF
- 3 REITs to Buy and Hold for the Long Term
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Conference Calls and Individual Investors
- What Does the Future Hold for Eli Lilly?
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
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 – Free Report).
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.
