13,697 Shares in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Acquired by Atria Investments Inc

Atria Investments Inc acquired a new position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 13,697 shares of the company’s stock, valued at approximately $274,000.

Several other large investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in shares of First Trust Short Duration Managed Municipal ETF in the second quarter valued at about $77,000. EdgeRock Capital LLC purchased a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter valued at approximately $91,000. Rooted Wealth Advisors Inc. increased its holdings 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 buying an additional 1,637 shares during the last quarter. Summit Wealth Partners LLC raised its position in shares of First Trust Short Duration Managed Municipal ETF by 9.2% during the 2nd quarter. Summit Wealth Partners LLC now owns 17,331 shares of the company’s stock valued at $343,000 after buying an additional 1,464 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new position in First Trust Short Duration Managed Municipal ETF in the third quarter valued at approximately $390,000.

First Trust Short Duration Managed Municipal ETF Stock Performance

Shares of First Trust Short Duration Managed Municipal ETF stock opened at $19.92 on Friday. The stock has a 50 day moving average of $19.98 and a 200 day moving average of $19.90. First Trust Short Duration Managed Municipal ETF has a fifty-two week low of $19.61 and a fifty-two week high of $20.08.

First Trust Short Duration Managed Municipal ETF 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.