Continuum Wealth Advisors LLC Acquires 725 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Continuum Wealth Advisors LLC raised its holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 3.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,844 shares of the company’s stock after acquiring an additional 725 shares during the quarter. First Trust Short Duration Managed Municipal ETF makes up 0.3% of Continuum Wealth Advisors LLC’s holdings, making the stock its 26th largest holding. Continuum Wealth Advisors LLC owned about 0.10% of First Trust Short Duration Managed Municipal ETF worth $436,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Morgan Stanley grew its position in First Trust Short Duration Managed Municipal ETF by 22.0% in the 4th quarter. Morgan Stanley now owns 3,088,334 shares of the company’s stock valued at $60,964,000 after acquiring an additional 556,817 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 0.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,284,330 shares of the company’s stock worth $24,897,000 after buying an additional 4,914 shares during the period. PFS Partners LLC lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 37,684.8% in 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 during the period. HighTower Advisors LLC lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 19.8% in the 3rd quarter. HighTower Advisors LLC now owns 560,311 shares of the company’s stock worth $10,860,000 after buying an additional 92,423 shares during the period. Finally, TruWealth Advisors LLC lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 3.9% in the 4th quarter. TruWealth Advisors LLC now owns 522,342 shares of the company’s stock worth $10,421,000 after buying an additional 19,610 shares during the period.

First Trust Short Duration Managed Municipal ETF Trading Up 0.1 %

Shares of NYSEARCA FSMB traded up $0.01 during mid-day trading on Wednesday, reaching $19.79. 34,877 shares of the company were exchanged, compared to its average volume of 98,573. The firm has a 50-day moving average of $19.86 and a 200 day moving average of $19.75. First Trust Short Duration Managed Municipal ETF has a 1 year low of $19.31 and a 1 year high of $19.98.

About First Trust Short Duration Managed Municipal ETF

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.