First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Shares Bought by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. increased its stake in First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) by 19.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,433 shares of the company’s stock after acquiring an additional 1,205 shares during the period. Pinnacle Bancorp Inc.’s holdings in First Trust Short Duration Managed Municipal ETF were worth $147,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FSMB. PFS Partners LLC grew its holdings in shares of First Trust Short Duration Managed Municipal ETF by 9.3% during the 1st quarter. PFS Partners LLC now owns 620,107 shares of the company’s stock worth $12,300,000 after purchasing an additional 52,580 shares during the period. RMR Wealth Builders increased its position in shares of First Trust Short Duration Managed Municipal ETF by 26.9% in the first quarter. RMR Wealth Builders now owns 608,433 shares of the company’s stock worth $12,068,000 after acquiring an additional 129,078 shares in the last quarter. TruWealth Advisors LLC raised its stake in shares of First Trust Short Duration Managed Municipal ETF by 3.9% in the 4th quarter. TruWealth Advisors LLC now owns 522,342 shares of the company’s stock valued at $10,421,000 after acquiring an additional 19,610 shares during the period. Nilsine Partners LLC boosted its position in First Trust Short Duration Managed Municipal ETF by 1.0% during the 4th quarter. Nilsine Partners LLC now owns 219,534 shares of the company’s stock worth $4,380,000 after purchasing an additional 2,078 shares during the period. Finally, Condor Capital Management increased its holdings in First Trust Short Duration Managed Municipal ETF by 2.7% in the 4th quarter. Condor Capital Management now owns 191,317 shares of the company’s stock valued at $3,817,000 after purchasing an additional 5,013 shares in the last quarter.

First Trust Short Duration Managed Municipal ETF Trading Up 0.2 %

NYSEARCA:FSMB traded up $0.03 during mid-day trading on Friday, hitting $19.77. The company had a trading volume of 99,601 shares, compared to its average volume of 94,685. The business has a fifty day simple moving average of $19.76 and a 200-day simple moving average of $19.84. First Trust Short Duration Managed Municipal ETF has a 1 year low of $19.31 and a 1 year high of $19.97.

First Trust Short Duration Managed Municipal ETF 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.