Ashton Thomas Private Wealth LLC cut its stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Free Report) by 11.9% in the 3rd quarter, Holdings Channel reports. The firm owned 49,150 shares of the company’s stock after selling 6,661 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $989,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of FUMB. Opal Wealth Advisors LLC purchased a new position in shares of First Trust Ultra Short Duration Municipal ETF during the second quarter valued at about $173,000. Concurrent Investment Advisors LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at approximately $229,000. Kingswood Wealth Advisors LLC grew 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 bought a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $483,000. Finally, WealthBridge Capital Management LLC raised its position in shares of First Trust Ultra Short Duration Municipal ETF by 60.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 25,299 shares of the company’s stock worth $509,000 after acquiring an additional 9,518 shares in the last quarter.
First Trust Ultra Short Duration Municipal ETF Stock Performance
NYSEARCA FUMB opened at $20.10 on Thursday. The stock’s 50 day moving average is $20.12 and its 200 day moving average is $20.11. First Trust Ultra Short Duration Municipal ETF has a twelve month low of $19.97 and a twelve month high of $20.18.
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.
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Want to see what other hedge funds are holding FUMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Free Report).
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