Walkner Condon Financial Advisors LLC Sells 3,907 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Walkner Condon Financial Advisors LLC cut its position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 15.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,234 shares of the company’s stock after selling 3,907 shares during the period. Walkner Condon Financial Advisors LLC owned about 0.10% of First Trust Short Duration Managed Municipal ETF worth $425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in First Trust Short Duration Managed Municipal ETF in the second quarter valued at about $77,000. EdgeRock Capital LLC purchased a new position in First Trust Short Duration Managed Municipal ETF in the second quarter worth $91,000. Rooted Wealth Advisors Inc. increased its position in shares of First Trust Short Duration Managed Municipal ETF by 16.2% during the second quarter. Rooted Wealth Advisors Inc. now owns 11,713 shares of the company’s stock worth $233,000 after purchasing an additional 1,637 shares in the last quarter. Summit Wealth Partners LLC lifted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 9.2% during the 2nd quarter. Summit Wealth Partners LLC now owns 17,331 shares of the company’s stock valued at $343,000 after purchasing an additional 1,464 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of First Trust Short Duration Managed Municipal ETF in the 3rd quarter worth $390,000.

First Trust Short Duration Managed Municipal ETF Stock Performance

Shares of FSMB stock opened at $19.89 on Friday. The stock’s fifty day moving average price is $19.99 and its 200 day moving average price is $19.89. First Trust Short Duration Managed Municipal ETF has a 1-year low of $19.49 and a 1-year high of $20.08.

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.