XML Financial LLC Reduces Stock Position in First Trust Ultra Short Duration Municipal ETF $FUMB

XML Financial LLC lowered its holdings in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 476,298 shares of the company’s stock after selling 30,884 shares during the quarter. XML Financial LLC’s holdings in First Trust Ultra Short Duration Municipal ETF were worth $9,555,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FUMB. Flow Traders U.S. LLC purchased a new position in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at $2,495,000. Gateway Wealth Partners LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at $2,464,000. Royal Bank of Canada raised its position in First Trust Ultra Short Duration Municipal ETF by 49.1% during the 1st quarter. Royal Bank of Canada now owns 331,310 shares of the company’s stock valued at $6,658,000 after purchasing an additional 109,110 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at $1,559,000. Finally, Rothschild Wealth LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $1,292,000.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.0%

Shares of NYSEARCA FUMB opened at $20.07 on Friday. The business has a fifty day simple moving average of $20.06 and a two-hundred day simple moving average of $20.08. First Trust Ultra Short Duration Municipal ETF has a twelve month low of $20.01 and a twelve month high of $20.72.

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. FUMB was launched on Nov 1, 2018 and is managed by First Trust.