First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Shares Sold by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC decreased its position in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 15.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 39,630 shares of the company’s stock after selling 7,125 shares during the period. Inspirion Wealth Advisors LLC’s holdings in First Trust Short Duration Managed Municipal ETF were worth $793,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FSMB. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF during the 4th quarter worth approximately $35,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter valued at approximately $77,000. EdgeRock Capital LLC acquired a new position in shares of First Trust Short Duration Managed Municipal ETF in the 2nd quarter worth approximately $91,000. Pinnacle Bancorp Inc. lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 19.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 7,433 shares of the company’s stock worth $147,000 after buying an additional 1,205 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in First Trust Short Duration Managed Municipal ETF by 8.6% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 7,887 shares of the company’s stock valued at $156,000 after buying an additional 627 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Stock Performance

First Trust Short Duration Managed Municipal ETF stock traded down $0.04 during mid-day trading on Friday, hitting $20.01. 135,539 shares of the company were exchanged, compared to its average volume of 99,810. The business has a fifty day moving average of $20.00 and a 200 day moving average of $19.86. First Trust Short Duration Managed Municipal ETF has a 1-year low of $19.31 and a 1-year high of $20.08.

First Trust Short Duration Managed Municipal ETF Company 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.