Golden State Equity Partners Makes New $208,000 Investment in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Golden State Equity Partners bought a new position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,333 shares of the company’s stock, valued at approximately $208,000. Golden State Equity Partners owned about 0.11% of First Trust Ultra Short Duration Municipal ETF as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC lifted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 34.3% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 20,453 shares of the company’s stock worth $411,000 after purchasing an additional 5,220 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 36.0% in the 4th quarter. Wells Fargo & Company MN now owns 164,501 shares of the company’s stock worth $3,305,000 after purchasing an additional 43,562 shares during the last quarter. CX Institutional bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 1st quarter worth approximately $46,000. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 14.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 76,244 shares of the company’s stock worth $1,532,000 after purchasing an additional 9,376 shares during the last quarter. Finally, Core Wealth Partners LLC lifted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 5.0% in the 4th quarter. Core Wealth Partners LLC now owns 25,231 shares of the company’s stock worth $507,000 after purchasing an additional 1,200 shares during the last quarter.

First Trust Ultra Short Duration Municipal ETF Price Performance

Shares of NYSEARCA FUMB opened at $20.10 on Friday. First Trust Ultra Short Duration Municipal ETF has a 12-month low of $19.91 and a 12-month high of $20.23. The stock’s 50 day simple moving average is $20.08 and its 200 day simple moving average is $20.10.

First Trust Ultra Short Duration Municipal ETF 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.