Ameritas Advisory Services LLC reduced its stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Free Report) by 40.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,230 shares of the company’s stock after selling 12,345 shares during the period. Ameritas Advisory Services LLC owned approximately 0.11% of First Trust Ultra Short Duration Municipal ETF worth $364,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of FUMB. Private Trust Co. NA bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the first quarter worth about $33,000. UBS Group AG bought a new stake in First Trust Ultra Short Duration Municipal ETF in the 1st quarter worth approximately $47,000. OLD Mission Capital LLC purchased a new stake in shares of First Trust Ultra Short Duration Municipal ETF during the 4th quarter worth approximately $69,000. Harbour Investments Inc. boosted its position in shares of First Trust Ultra Short Duration Municipal ETF by 1,681.1% during the 4th quarter. Harbour Investments Inc. now owns 5,183 shares of the company’s stock valued at $103,000 after acquiring an additional 4,892 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 43.4% in the fourth quarter. Wells Fargo & Company MN now owns 6,771 shares of the company’s stock valued at $135,000 after purchasing an additional 2,048 shares in the last quarter.
First Trust Ultra Short Duration Municipal ETF Stock Up 0.2 %
First Trust Ultra Short Duration Municipal ETF stock opened at $19.96 on Friday. First Trust Ultra Short Duration Municipal ETF has a 52-week low of $19.79 and a 52-week high of $20.05. The firm’s fifty day moving average is $19.96 and its 200 day moving average is $19.96.
About First Trust Ultra Short Duration Municipal ETF
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.
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