First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Stake Lessened by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 11.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,636 shares of the company’s stock after selling 8,605 shares during the period. Sanctuary Advisors LLC owned 0.66% of First Trust Ultra Short Duration Municipal ETF worth $1,357,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 2.9% during the 2nd quarter. Cetera Investment Advisers now owns 73,538 shares of the company’s stock valued at $1,475,000 after purchasing an additional 2,092 shares during the period. Nilsine Partners LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 1.4% during the second quarter. Nilsine Partners LLC now owns 216,309 shares of the company’s stock valued at $4,339,000 after buying an additional 2,987 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in First Trust Ultra Short Duration Municipal ETF by 0.7% during the third quarter. Rockefeller Capital Management L.P. now owns 515,952 shares of the company’s stock worth $10,377,000 after acquiring an additional 3,419 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in First Trust Ultra Short Duration Municipal ETF by 16.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 28,071 shares of the company’s stock worth $565,000 after acquiring an additional 3,870 shares during the period. Finally, Stephens Inc. AR raised its position in First Trust Ultra Short Duration Municipal ETF by 17.2% in the third quarter. Stephens Inc. AR now owns 41,611 shares of the company’s stock worth $837,000 after acquiring an additional 6,095 shares in the last quarter.

First Trust Ultra Short Duration Municipal ETF Stock Performance

NYSEARCA:FUMB opened at $20.08 on Friday. The company has a 50-day moving average of $20.10 and a 200-day moving average of $20.12. First Trust Ultra Short Duration Municipal ETF has a twelve month low of $20.00 and a twelve month high of $20.18.

First Trust Ultra Short Duration Municipal ETF Company 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.