Sigma Planning Corp Cuts Holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Sigma Planning Corp reduced its position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 49.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,505 shares of the company’s stock after selling 20,174 shares during the quarter. Sigma Planning Corp owned about 0.15% of First Trust Ultra Short Duration Municipal ETF worth $411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in FUMB. White Wing Wealth Management acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the 4th quarter valued at $1,239,000. GSG Advisors LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter valued at $1,038,000. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust Ultra Short Duration Municipal ETF by 8.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 524,677 shares of the company’s stock valued at $10,525,000 after purchasing an additional 39,074 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter valued at $756,000. Finally, Kestra Advisory Services LLC increased its holdings in First Trust Ultra Short Duration Municipal ETF by 22.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 124,318 shares of the company’s stock valued at $2,476,000 after purchasing an additional 22,999 shares in the last quarter.

First Trust Ultra Short Duration Municipal ETF Stock Performance

Shares of First Trust Ultra Short Duration Municipal ETF stock opened at $20.03 on Friday. The business has a 50-day moving average of $20.06 and a 200-day moving average of $20.04. First Trust Ultra Short Duration Municipal ETF has a 1-year low of $19.88 and a 1-year 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.