Envestnet Asset Management Inc. Increases Holdings in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Envestnet Asset Management Inc. increased its stake in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Free Report) by 3.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 398,963 shares of the company’s stock after buying an additional 14,752 shares [...]

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Envestnet Asset Management Inc. increased its stake in shares of First Trust Short Duration Managed Municipal ETF ( NYSEARCA:FSMB – Free Report ) by 3.8% during the second quarter, according to the company in its most recent disclosure with the SEC.

The institutional investor owned 398,963 shares of the company’s stock after buying an additional 14,752 shares during the quarter. Envestnet Asset Management Inc. owned about 1.



91% of First Trust Short Duration Managed Municipal ETF worth $7,888,000 at the end of the most recent reporting period. Other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F.

Edwards & Company Inc. grew its stake in shares of First Trust Short Duration Managed Municipal ETF by 8.6% in the first quarter.

Benjamin F. Edwards & Company Inc. now owns 7,887 shares of the company’s stock valued at $156,000 after buying an additional 627 shares in the last quarter.

Wealth Enhancement Advisory Services LLC lifted its holdings in First Trust Short Duration Managed Municipal ETF by 2.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 32,861 shares of the company’s stock worth $652,000 after buying an additional 675 shares during the last quarter.

Insight Inv LLC lifted its holdings in First Trust Short Duration Managed Municipal ETF by 1.1% during the 1st quarter. Insight Inv LLC now owns 89,730 shares of the company’s stock worth $1,780,000 after buying an additional 1,000 shares during the last quarter.

Security Financial Services INC. lifted its holdings in First Trust Short Duration Managed Municipal ETF by 3.4% during the 1st quarter.

Security Financial Services INC. now owns 31,096 shares of the company’s stock worth $617,000 after buying an additional 1,036 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc.

lifted its holdings in First Trust Short Duration Managed Municipal ETF by 1.2% during the 1st quarter. Envestnet Portfolio Solutions Inc.

now owns 88,289 shares of the company’s stock worth $1,751,000 after buying an additional 1,038 shares during the last quarter. First Trust Short Duration Managed Municipal ETF Price Performance First Trust Short Duration Managed Municipal ETF stock opened at $20.03 on Friday.

First Trust Short Duration Managed Municipal ETF has a fifty-two week low of $19.31 and a fifty-two week high of $20.08.

The stock has a 50-day simple moving average of $19.98 and a 200-day simple moving average of $19.86.

First Trust Short Duration Managed Municipal ETF Company Profile 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.

Read More Want to see what other hedge funds are holding FSMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Short Duration Managed Municipal ETF ( NYSEARCA:FSMB – Free Report ). Receive News & Ratings for First Trust Short Duration Managed Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Short Duration Managed Municipal ETF and related companies with MarketBeat.

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