First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Shares Bought by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. increased its stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMBFree Report) by 35.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,521 shares of the company’s stock after purchasing an additional 2,503 shares during the period. Concourse Financial Group Securities Inc. owned 0.07% of First Trust Ultra Short Duration Municipal ETF worth $191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. White Wing Wealth Management acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at approximately $1,239,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 8.0% during 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. purchased a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at approximately $756,000. Naviter Wealth LLC increased its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 37.8% during the 4th quarter. Naviter Wealth LLC now owns 104,984 shares of the company’s stock valued at $2,106,000 after purchasing an additional 28,801 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 22.7% during 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 Down 0.0 %

NYSEARCA:FUMB opened at $20.08 on Wednesday. The company has a 50 day moving average price of $20.06 and a 200-day moving average price of $20.05. 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 Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Receive News & Ratings for First Trust Ultra Short Duration Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Ultra Short Duration Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.