Alta Wealth Advisors LLC Sells 5,612 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Alta Wealth Advisors LLC cut its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 34.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,831 shares of the company’s stock after selling 5,612 shares during the quarter. Alta Wealth Advisors LLC owned approximately 0.05% of First Trust Short Duration Managed Municipal ETF worth $215,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. HighTower Advisors LLC increased its holdings in First Trust Short Duration Managed Municipal ETF by 2.5% during the third quarter. HighTower Advisors LLC now owns 726,677 shares of the company’s stock worth $14,536,000 after buying an additional 17,431 shares during the last quarter. RMR Wealth Builders lifted its stake in First Trust Short Duration Managed Municipal ETF by 0.9% in the 4th quarter. RMR Wealth Builders now owns 712,254 shares of the company’s stock valued at $14,131,000 after purchasing an additional 6,133 shares during the last quarter. PFS Partners LLC lifted its stake in First Trust Short Duration Managed Municipal ETF by 2.3% in the 3rd quarter. PFS Partners LLC now owns 641,826 shares of the company’s stock valued at $12,843,000 after purchasing an additional 14,262 shares during the last quarter. TruWealth Advisors LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 0.7% during the fourth quarter. TruWealth Advisors LLC now owns 547,562 shares of the company’s stock worth $10,864,000 after purchasing an additional 3,729 shares during the period. Finally, EnRich Financial Partners LLC increased its position in First Trust Short Duration Managed Municipal ETF by 4.8% during the third quarter. EnRich Financial Partners LLC now owns 304,000 shares of the company’s stock worth $6,083,000 after buying an additional 13,922 shares during the last quarter.

First Trust Short Duration Managed Municipal ETF Stock Up 0.2 %

FSMB opened at $19.92 on Friday. First Trust Short Duration Managed Municipal ETF has a 12-month low of $19.65 and a 12-month high of $20.11. The business has a 50 day moving average of $19.89 and a 200-day moving average of $19.94.

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.