GSG Advisors LLC Cuts Stock Holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

GSG Advisors LLC lessened its holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 13.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 51,633 shares of the company’s stock after selling 8,366 shares during the period. GSG Advisors LLC owned about 0.50% of First Trust Ultra Short Duration Municipal ETF worth $1,037,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cetera Investment Advisers boosted its position in First Trust Ultra Short Duration Municipal ETF by 2.9% during the second 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 in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 2nd quarter valued at about $1,528,000. WealthBridge Capital Management LLC grew its position in shares of First Trust Ultra Short Duration Municipal ETF by 60.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 25,299 shares of the company’s stock worth $509,000 after buying an additional 9,518 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in First Trust Ultra Short Duration Municipal ETF by 16.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 28,071 shares of the company’s stock worth $565,000 after purchasing an additional 3,870 shares during the last quarter. Finally, Mainsail Financial Group LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 9.7% during the third quarter. Mainsail Financial Group LLC now owns 273,196 shares of the company’s stock worth $5,499,000 after purchasing an additional 24,164 shares in the last quarter.

First Trust Ultra Short Duration Municipal ETF Price Performance

First Trust Ultra Short Duration Municipal ETF stock opened at $20.13 on Tuesday. First Trust Ultra Short Duration Municipal ETF has a 1-year low of $20.00 and a 1-year high of $20.18. The business has a fifty day moving average price of $20.10 and a 200-day moving average price of $20.12.

About First Trust Ultra Short Duration Municipal ETF

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.