GSG Advisors LLC Sells 3,580 Shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

GSG Advisors LLC decreased its holdings in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 5.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,258 shares of the company’s stock after selling 3,580 shares during the period. GSG Advisors LLC’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $1,187,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Principal Securities Inc. acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth approximately $34,000. Concourse Financial Group Securities Inc. raised its stake in First Trust Ultra Short Duration Municipal ETF by 35.7% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 9,521 shares of the company’s stock worth $191,000 after buying an additional 2,503 shares during the period. Gradient Investments LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 5.2% during the 4th quarter. Gradient Investments LLC now owns 10,163 shares of the company’s stock worth $204,000 after buying an additional 502 shares during the period. Hobart Private Capital LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth approximately $219,000. Finally, Naples Global Advisors LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth approximately $231,000.

First Trust Ultra Short Duration Municipal ETF Stock Down 0.1 %

FUMB stock traded down $0.02 during trading on Friday, reaching $20.11. 32,095 shares of the stock were exchanged, compared to its average volume of 59,968. The firm’s 50 day moving average is $20.07 and its 200 day moving average is $20.07. First Trust Ultra Short Duration Municipal ETF has a twelve month low of $19.88 and a twelve month high of $20.13.

First Trust Ultra Short Duration Municipal ETF Company Profile

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.