Envestnet Portfolio Solutions Inc. trimmed its position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Free Report) by 24.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,503 shares of the company’s stock after selling 7,141 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.22% of First Trust Ultra Short Duration Municipal ETF worth $452,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FUMB. Kingswood Wealth Advisors LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth $244,000. Opal Wealth Advisors LLC bought a new position in First Trust Ultra Short Duration Municipal ETF in the 4th quarter valued at about $246,000. Benjamin Edwards Inc. acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at about $276,000. Advyzon Investment Management LLC bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth about $306,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 4th quarter worth approximately $452,000.
First Trust Ultra Short Duration Municipal ETF Trading Up 0.0 %
NYSEARCA FUMB opened at $20.12 on Wednesday. First Trust Ultra Short Duration Municipal ETF has a 12 month low of $20.00 and a 12 month high of $20.18. The company’s 50 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.
Featured Articles
- Five stocks we like better than First Trust Ultra Short Duration Municipal ETF
- What is diluted earnings per share (Diluted EPS)?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- What Are Some of the Best Large-Cap Stocks to Buy?
- NVIDIA Insiders Sell: This Is What It Means for the Market
- Stock Market Upgrades: What Are They?
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for First Trust Ultra Short Duration Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Ultra Short Duration Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
