First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Shares Sold by Capital Analysts LLC

Capital Analysts LLC trimmed its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 4.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,039 shares of the company’s stock after selling 511 shares during the period. Capital Analysts LLC’s holdings in First Trust Short Duration Managed Municipal ETF were worth $200,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. PFS Partners LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 37,684.8% during the 4th quarter. PFS Partners LLC now owns 567,527 shares of the company’s stock worth $11,322,000 after buying an additional 566,025 shares in the last quarter. RFG Advisory LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 11.2% during the 4th quarter. RFG Advisory LLC now owns 34,928 shares of the company’s stock worth $697,000 after buying an additional 3,529 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of First Trust Short Duration Managed Municipal ETF during the 4th quarter worth approximately $1,539,000. Allworth Financial LP raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 182.5% during the 4th quarter. Allworth Financial LP now owns 146,906 shares of the company’s stock worth $2,931,000 after buying an additional 94,910 shares in the last quarter. Finally, Nilsine Partners LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 1.0% during the 4th quarter. Nilsine Partners LLC now owns 219,534 shares of the company’s stock worth $4,380,000 after buying an additional 2,078 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Price Performance

Shares of FSMB stock opened at $19.79 on Friday. The stock has a 50 day simple moving average of $19.86 and a 200-day simple moving average of $19.75. First Trust Short Duration Managed Municipal ETF has a 12-month low of $19.31 and a 12-month high of $19.98.

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.