First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Stake Lessened by Harbour Investments Inc.

Harbour Investments Inc. decreased its position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 14.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,175 shares of the company’s stock after selling 2,397 shares during the period. Harbour Investments Inc. owned 0.07% of First Trust Short Duration Managed Municipal ETF worth $284,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter worth approximately $77,000. EdgeRock Capital LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF during the 2nd quarter valued at $91,000. Rooted Wealth Advisors Inc. boosted its stake in shares of First Trust Short Duration Managed Municipal ETF by 16.2% during the 2nd quarter. Rooted Wealth Advisors Inc. now owns 11,713 shares of the company’s stock worth $233,000 after acquiring an additional 1,637 shares in the last quarter. Atria Investments Inc acquired a new position in shares of First Trust Short Duration Managed Municipal ETF in the 3rd quarter worth $274,000. Finally, Summit Wealth Partners LLC raised its position in shares of First Trust Short Duration Managed Municipal ETF by 9.2% during the second quarter. Summit Wealth Partners LLC now owns 17,331 shares of the company’s stock worth $343,000 after purchasing an additional 1,464 shares during the period.

First Trust Short Duration Managed Municipal ETF Trading Down 0.1 %

NYSEARCA:FSMB opened at $19.92 on Monday. The stock has a fifty day simple moving average of $19.98 and a 200 day simple moving average of $19.90. First Trust Short Duration Managed Municipal ETF has a 1-year low of $19.51 and a 1-year high of $20.08.

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.