33,343 Shares of First Trust Short Duration Managed Municipal ETF $FSMB Purchased by Trust Co. of Oklahoma

Trust Co. of Oklahoma purchased a new stake in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 33,343 shares of the company’s stock, valued at approximately $649,000. Trust Co. of Oklahoma owned 0.10% of First Trust Short Duration Managed Municipal ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital Financial Group Inc. Co. ADV increased its stake in First Trust Short Duration Managed Municipal ETF by 1.6% during the first quarter. Capital Financial Group Inc. Co. ADV now owns 30,900 shares of the company’s stock worth $617,000 after acquiring an additional 500 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Short Duration Managed Municipal ETF by 1.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 40,125 shares of the company’s stock valued at $802,000 after purchasing an additional 595 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of First Trust Short Duration Managed Municipal ETF by 3.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 19,020 shares of the company’s stock valued at $370,000 after purchasing an additional 718 shares during the last quarter. Avaii Wealth Management LLC boosted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 2.2% in the 3rd quarter. Avaii Wealth Management LLC now owns 55,320 shares of the company’s stock worth $1,080,000 after purchasing an additional 1,194 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of First Trust Short Duration Managed Municipal ETF by 3.1% in the 1st quarter. Private Advisor Group LLC now owns 45,205 shares of the company’s stock worth $902,000 after purchasing an additional 1,360 shares during the period.

First Trust Short Duration Managed Municipal ETF Stock Performance

Shares of NYSEARCA FSMB traded up $0.06 during trading hours on Thursday, hitting $19.61. 70,346 shares of the company traded hands, compared to its average volume of 167,626. The company’s 50 day moving average price is $19.74 and its 200 day moving average price is $19.89. First Trust Short Duration Managed Municipal ETF has a 12 month low of $19.36 and a 12 month high of $20.25.

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. FSMB was launched on Nov 1, 2018 and is managed by First Trust.