First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Shares Purchased by Sigma Planning Corp

Sigma Planning Corp increased its holdings in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 31.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,211 shares of the company’s stock after acquiring an additional 18,868 shares during the quarter. Sigma Planning Corp owned approximately 0.76% of First Trust Ultra Short Duration Municipal ETF worth $1,571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FUMB. JPMorgan Chase & Co. raised its position in shares of First Trust Ultra Short Duration Municipal ETF by 52.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,355 shares of the company’s stock worth $4,412,000 after purchasing an additional 75,592 shares during the period. Prospera Financial Services Inc acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the third quarter worth $643,000. Core Wealth Partners LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the third quarter worth $483,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 4th quarter worth about $452,000. Finally, James Investment Research Inc. increased its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 13.5% in the 4th quarter. James Investment Research Inc. now owns 129,437 shares of the company’s stock worth $2,600,000 after acquiring an additional 15,428 shares during the period.

First Trust Ultra Short Duration Municipal ETF Stock Down 0.1 %

FUMB stock opened at $20.11 on Monday. The firm’s 50-day simple moving average is $20.11 and its 200 day simple moving average is $20.12. First Trust Ultra Short Duration Municipal ETF has a fifty-two week low of $20.00 and a fifty-two week high of $20.18.

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.