Capital Investment Advisory Services LLC Has $538,000 Position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Capital Investment Advisory Services LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,802 shares of the company’s stock after purchasing an additional 1,459 shares during the period. Capital Investment Advisory Services LLC owned approximately 0.26% of First Trust Ultra Short Duration Municipal ETF worth $538,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FUMB. Cetera Investment Advisers lifted its holdings in 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 worth $1,475,000 after purchasing an additional 2,092 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the 2nd quarter worth approximately $1,528,000. WealthBridge Capital Management LLC lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 60.3% during the 3rd quarter. WealthBridge Capital Management LLC now owns 25,299 shares of the company’s stock worth $509,000 after purchasing an additional 9,518 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 16.0% during the 3rd 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 lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 9.7% during the 3rd 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 during the last quarter.

First Trust Ultra Short Duration Municipal ETF Price Performance

NYSEARCA:FUMB opened at $20.10 on Friday. The stock has a 50 day simple moving average of $20.10 and a 200 day simple moving average of $20.12. First Trust Ultra Short Duration Municipal ETF has a 1-year low of $20.00 and a 1-year high of $20.18.

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.