Walkner Condon Financial Advisors LLC Sells 6,379 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Walkner Condon Financial Advisors LLC lessened its holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 30.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,855 shares of the company’s stock after selling 6,379 shares during the period. Walkner Condon Financial Advisors LLC owned about 0.07% of First Trust Short Duration Managed Municipal ETF worth $295,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Castle Wealth Management LLC bought a new position in shares of First Trust Short Duration Managed Municipal ETF in the 4th quarter worth approximately $233,000. Advisory Resource Group increased its holdings in First Trust Short Duration Managed Municipal ETF by 2.3% in the 4th quarter. Advisory Resource Group now owns 112,880 shares of the company’s stock worth $2,240,000 after acquiring an additional 2,564 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in First Trust Short Duration Managed Municipal ETF in the 4th quarter worth approximately $34,000. Hedeker Wealth LLC purchased a new stake in First Trust Short Duration Managed Municipal ETF in the 4th quarter worth approximately $1,059,000. Finally, Summit Wealth Partners LLC increased its holdings in First Trust Short Duration Managed Municipal ETF by 31.7% in the 4th quarter. Summit Wealth Partners LLC now owns 22,827 shares of the company’s stock worth $453,000 after acquiring an additional 5,496 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Price Performance

First Trust Short Duration Managed Municipal ETF stock opened at $19.93 on Friday. The firm has a 50 day moving average of $19.88 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 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.