31,553 Shares in First Trust Short Duration Managed Municipal ETF $FSMB Acquired by Sigma Planning Corp

Sigma Planning Corp bought a new position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 31,553 shares of the company’s stock, valued at approximately $632,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Occidental Asset Management LLC lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 1.1% during the 4th quarter. Occidental Asset Management LLC now owns 46,036 shares of the company’s stock worth $923,000 after buying an additional 500 shares during the period. Capital Investment Advisory Services LLC increased its holdings in First Trust Short Duration Managed Municipal ETF by 3.2% during the 4th quarter. Capital Investment Advisory Services LLC now owns 19,729 shares of the company’s stock valued at $395,000 after purchasing an additional 612 shares in the last quarter. Arbor Capital Management Inc. ADV raised its position in First Trust Short Duration Managed Municipal ETF by 2.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 37,182 shares of the company’s stock valued at $747,000 after purchasing an additional 746 shares during the last quarter. US Bancorp DE raised its position in First Trust Short Duration Managed Municipal ETF by 29.4% in the 3rd quarter. US Bancorp DE now owns 3,584 shares of the company’s stock valued at $72,000 after purchasing an additional 815 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in First Trust Short Duration Managed Municipal ETF by 2.4% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,285 shares of the company’s stock valued at $809,000 after purchasing an additional 948 shares during the last quarter.

First Trust Short Duration Managed Municipal ETF Stock Performance

Shares of FSMB opened at $19.98 on Wednesday. The stock has a fifty day moving average price of $20.06 and a two-hundred day moving average price of $20.07. First Trust Short Duration Managed Municipal ETF has a 52-week low of $19.74 and a 52-week high of $20.25.

First Trust Short Duration Managed Municipal ETF Company 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. FSMB was launched on Nov 1, 2018 and is managed by First Trust.