One Plus One Wealth Management LLC Sells 1,537 Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

One Plus One Wealth Management LLC trimmed its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 4.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 34,576 shares of the company’s stock after selling 1,537 shares during the period. One Plus One Wealth Management LLC owned approximately 0.17% of First Trust Short Duration Managed Municipal ETF worth $692,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of FSMB. Cetera Advisors LLC boosted its stake in First Trust Short Duration Managed Municipal ETF by 921.3% in the first quarter. Cetera Advisors LLC now owns 118,862 shares of the company’s stock worth $2,358,000 after purchasing an additional 107,224 shares in the last quarter. Cetera Investment Advisers increased its position in First Trust Short Duration Managed Municipal ETF by 23.7% in the 1st quarter. Cetera Investment Advisers now owns 225,078 shares of the company’s stock valued at $4,464,000 after acquiring an additional 43,052 shares in the last quarter. Hobart Private Capital LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 100.5% in the second quarter. Hobart Private Capital LLC now owns 71,024 shares of the company’s stock worth $1,404,000 after acquiring an additional 35,596 shares during the last quarter. RMR Wealth Builders lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 5.6% during the second quarter. RMR Wealth Builders now owns 642,459 shares of the company’s stock worth $12,701,000 after purchasing an additional 34,026 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co increased its holdings in shares of First Trust Short Duration Managed Municipal ETF by 88.5% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 43,364 shares of the company’s stock valued at $857,000 after purchasing an additional 20,356 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Stock Performance

FSMB stock opened at $19.94 on Wednesday. The business has a fifty day moving average of $20.00 and a 200-day moving average of $19.89. First Trust Short Duration Managed Municipal ETF has a twelve month low of $19.45 and a twelve month high of $20.08.

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.