Core Wealth Partners LLC Purchases 1,200 Shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Core Wealth Partners LLC lifted its position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 5.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,231 shares of the company’s stock after buying an additional 1,200 shares during the period. Core Wealth Partners LLC owned about 0.25% of First Trust Ultra Short Duration Municipal ETF worth $507,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its position in First Trust Ultra Short Duration Municipal ETF by 22.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 30,245 shares of the company’s stock valued at $608,000 after acquiring an additional 5,545 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of First Trust Ultra Short Duration Municipal ETF by 2.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 222,274 shares of the company’s stock valued at $4,465,000 after purchasing an additional 5,454 shares in the last quarter. Independent Advisor Alliance bought a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at $3,921,000. Naviter Wealth LLC raised its position in First Trust Ultra Short Duration Municipal ETF by 12.2% in the 4th quarter. Naviter Wealth LLC now owns 40,375 shares of the company’s stock worth $811,000 after purchasing an additional 4,398 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in First Trust Ultra Short Duration Municipal ETF in the fourth quarter worth $5,070,000.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.0 %

Shares of NYSEARCA:FUMB opened at $20.12 on Wednesday. The stock’s 50-day moving average price is $20.11 and its 200-day moving average price is $20.11. First Trust Ultra Short Duration Municipal ETF has a 12-month low of $20.00 and a 12-month high of $20.18.

First Trust Ultra Short Duration Municipal ETF 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.