Creative Financial Designs Inc. ADV raised its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Free Report) by 490.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,679 shares of the company’s stock after acquiring an additional 2,225 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust Short Duration Managed Municipal ETF were worth $53,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in First Trust Short Duration Managed Municipal ETF by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 176,086 shares of the company’s stock valued at $3,523,000 after purchasing an additional 11,210 shares during the last quarter. Truist Financial Corp boosted its stake in First Trust Short Duration Managed Municipal ETF by 177.7% during the 4th quarter. Truist Financial Corp now owns 64,776 shares of the company’s stock valued at $1,285,000 after purchasing an additional 41,448 shares during the last quarter. Atria Investments Inc purchased a new stake in First Trust Short Duration Managed Municipal ETF during the 3rd quarter valued at $274,000. Hedeker Wealth LLC purchased a new stake in First Trust Short Duration Managed Municipal ETF during the 4th quarter valued at $1,059,000. Finally, Rockefeller Capital Management L.P. boosted its stake in First Trust Short Duration Managed Municipal ETF by 0.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 88,611 shares of the company’s stock valued at $1,773,000 after purchasing an additional 700 shares during the last quarter.
First Trust Short Duration Managed Municipal ETF Trading Up 0.1 %
Shares of FSMB opened at $19.94 on Friday. The business’s fifty day simple moving average is $19.92 and its two-hundred day simple moving average is $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.
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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).
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