First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Stock Holdings Lowered by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC trimmed its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,976 shares of the company’s stock after selling 600 shares during the period. One Plus One Wealth Management LLC owned about 0.16% of First Trust Short Duration Managed Municipal ETF worth $674,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. PFS Partners LLC raised its holdings in First Trust Short Duration Managed Municipal ETF by 17.3% during the 4th quarter. PFS Partners LLC now owns 752,860 shares of the company’s stock worth $14,937,000 after buying an additional 111,034 shares during the period. Genesis Private Wealth LLC purchased a new position in shares of First Trust Short Duration Managed Municipal ETF in the fourth quarter worth approximately $1,060,000. Hedeker Wealth LLC acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF during the fourth quarter valued at approximately $1,059,000. Core Wealth Partners LLC lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 143.1% in the 3rd quarter. Core Wealth Partners LLC now owns 58,857 shares of the company’s stock valued at $1,178,000 after acquiring an additional 34,642 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new position in First Trust Short Duration Managed Municipal ETF in the 3rd quarter worth approximately $644,000.

First Trust Short Duration Managed Municipal ETF Price Performance

Shares of NYSEARCA:FSMB opened at $19.89 on Thursday. The company’s fifty day moving average is $19.88 and its two-hundred day moving average is $19.94. First Trust Short Duration Managed Municipal ETF has a 12-month low of $19.65 and a 12-month high of $20.11.

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.