Ashton Thomas Private Wealth LLC Cuts Holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Ashton Thomas Private Wealth LLC lowered its stake in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 11.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,150 shares of the company’s stock after selling 6,661 shares during the quarter. Ashton Thomas Private Wealth LLC owned 0.48% of First Trust Ultra Short Duration Municipal ETF worth $989,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new stake in First Trust Ultra Short Duration Municipal ETF during the second quarter valued at about $173,000. Concurrent Investment Advisors LLC bought a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 3rd quarter valued at about $229,000. Kingswood Wealth Advisors LLC raised its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 10.9% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 12,163 shares of the company’s stock valued at $244,000 after buying an additional 1,197 shares in the last quarter. Core Wealth Partners LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $483,000. Finally, WealthBridge Capital Management LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 60.3% in the third quarter. WealthBridge Capital Management LLC now owns 25,299 shares of the company’s stock worth $509,000 after buying an additional 9,518 shares in the last quarter.

First Trust Ultra Short Duration Municipal ETF Trading Up 0.0 %

Shares of NYSEARCA FUMB opened at $20.10 on Thursday. First Trust Ultra Short Duration Municipal ETF has a one year low of $19.97 and a one year high of $20.18. The firm’s 50 day simple moving average is $20.12 and its two-hundred day simple moving average is $20.11.

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.