White Wing Wealth Management Sells 33,156 Shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

White Wing Wealth Management decreased its position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 53.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,589 shares of the company’s stock after selling 33,156 shares during the quarter. First Trust Ultra Short Duration Municipal ETF accounts for 0.5% of White Wing Wealth Management’s portfolio, making the stock its 22nd biggest holding. White Wing Wealth Management owned approximately 0.21% of First Trust Ultra Short Duration Municipal ETF worth $573,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FUMB. Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 8.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 524,677 shares of the company’s stock valued at $10,525,000 after purchasing an additional 39,074 shares during the last quarter. Nilsine Partners LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 0.9% during the 4th quarter. Nilsine Partners LLC now owns 201,894 shares of the company’s stock valued at $4,050,000 after purchasing an additional 1,746 shares during the last quarter. Naviter Wealth LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 37.8% during the 4th quarter. Naviter Wealth LLC now owns 104,984 shares of the company’s stock valued at $2,106,000 after purchasing an additional 28,801 shares during the last quarter. Private Advisor Group LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 10.8% during the 4th quarter. Private Advisor Group LLC now owns 96,133 shares of the company’s stock valued at $1,928,000 after purchasing an additional 9,394 shares during the last quarter. Finally, GSG Advisors LLC increased its position in shares of First Trust Ultra Short Duration Municipal ETF by 20.6% during the 4th quarter. GSG Advisors LLC now owns 62,838 shares of the company’s stock valued at $1,261,000 after purchasing an additional 10,748 shares during the last quarter.

First Trust Ultra Short Duration Municipal ETF Stock Performance

Shares of NYSEARCA FUMB traded down $0.03 during trading hours on Friday, hitting $20.06. 21,700 shares of the company traded hands, compared to its average volume of 59,206. The company’s 50 day moving average price is $20.07 and its 200 day moving average price is $20.07. First Trust Ultra Short Duration Municipal ETF has a 12 month low of $19.88 and a 12 month high of $20.13.

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.