12,551 Shares in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Purchased by VCI Wealth Management LLC

VCI Wealth Management LLC bought a new position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) in the 4th quarter, HoldingsChannel reports. The fund bought 12,551 shares of the company’s stock, valued at approximately $252,000.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its stake in First Trust Ultra Short Duration Municipal ETF by 8.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 524,677 shares of the company’s stock worth $10,525,000 after acquiring an additional 39,074 shares during the last quarter. Atlas Private Wealth Management grew its position in First Trust Ultra Short Duration Municipal ETF by 4.5% in the 3rd quarter. Atlas Private Wealth Management now owns 394,114 shares of the company’s stock valued at $7,851,000 after buying an additional 17,138 shares during the last quarter. Mainsail Financial Group LLC grew its position in First Trust Ultra Short Duration Municipal ETF by 2.4% in the 3rd quarter. Mainsail Financial Group LLC now owns 212,477 shares of the company’s stock valued at $4,230,000 after buying an additional 4,936 shares during the last quarter. Nilsine Partners LLC grew its stake 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 worth $4,050,000 after purchasing an additional 1,746 shares during the period. Finally, Kestra Advisory Services LLC grew its stake in shares of First Trust Ultra Short Duration Municipal ETF by 22.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 124,318 shares of the company’s stock worth $2,476,000 after purchasing an additional 22,999 shares during the period.

First Trust Ultra Short Duration Municipal ETF Price Performance

NYSEARCA FUMB traded down $0.01 during trading hours on Friday, reaching $20.03. The company’s stock had a trading volume of 42,705 shares, compared to its average volume of 61,770. The company’s 50-day moving average is $20.06 and its two-hundred day moving average is $20.04. First Trust Ultra Short Duration Municipal ETF has a fifty-two week low of $19.88 and a fifty-two week 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.