Core Wealth Partners LLC Purchases 4,370 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Core Wealth Partners LLC increased its position in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,227 shares of the company’s stock after buying an additional 4,370 shares during the period. Core Wealth Partners LLC owned 0.30% of First Trust Short Duration Managed Municipal ETF worth $1,254,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FSMB. Raymond James Financial Inc. acquired a new position in First Trust Short Duration Managed Municipal ETF during the 4th quarter worth $31,027,000. LPL Financial LLC lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 11.8% during the 4th quarter. LPL Financial LLC now owns 1,318,387 shares of the company’s stock worth $26,157,000 after purchasing an additional 138,848 shares during the last quarter. Sowell Financial Services LLC bought a new stake in First Trust Short Duration Managed Municipal ETF during the 4th quarter valued at approximately $2,309,000. PFS Partners LLC grew its holdings in First Trust Short Duration Managed Municipal ETF by 17.3% in the 4th quarter. PFS Partners LLC now owns 752,860 shares of the company’s stock valued at $14,937,000 after buying an additional 111,034 shares during the last quarter. Finally, Independent Advisor Alliance bought a new position in First Trust Short Duration Managed Municipal ETF in the 4th quarter worth approximately $1,745,000.

First Trust Short Duration Managed Municipal ETF Trading Up 0.1 %

Shares of FSMB stock opened at $19.93 on Wednesday. The stock has a 50 day moving average of $19.92 and a 200-day moving average of $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.

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.