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

Sanctuary Advisors LLC trimmed its stake in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 11.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 67,636 shares of the company’s stock after selling 8,605 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $1,357,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers raised 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 buying an additional 2,092 shares during the period. Nilsine Partners LLC boosted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 1.4% in the second quarter. Nilsine Partners LLC now owns 216,309 shares of the company’s stock worth $4,339,000 after buying an additional 2,987 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 0.7% in 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 in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of 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 valued at $565,000 after acquiring an additional 3,870 shares during the period. Finally, Stephens Inc. AR lifted its position in shares of First Trust Ultra Short Duration Municipal ETF by 17.2% in the 3rd quarter. Stephens Inc. AR now owns 41,611 shares of the company’s stock valued at $837,000 after acquiring an additional 6,095 shares in the last quarter.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.0 %

First Trust Ultra Short Duration Municipal ETF stock opened at $20.08 on Friday. First Trust Ultra Short Duration Municipal ETF has a 52 week low of $20.00 and a 52 week high of $20.18. The company has a 50 day moving average price of $20.10 and a 200 day moving average price of $20.12.

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.