Csenge Advisory Group Has $583,000 Stock Holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Csenge Advisory Group increased its position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,000 shares of the company’s stock after acquiring an additional 1,000 shares during the quarter. Csenge Advisory Group owned about 0.28% of First Trust Ultra Short Duration Municipal ETF worth $583,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. James Investment Research Inc. raised its holdings in First Trust Ultra Short Duration Municipal ETF by 13.5% in the fourth quarter. James Investment Research Inc. now owns 129,437 shares of the company’s stock worth $2,600,000 after purchasing an additional 15,428 shares during the period. Opal Wealth Advisors LLC bought a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 4th quarter valued at $246,000. Capital Investment Advisory Services LLC raised its stake in First Trust Ultra Short Duration Municipal ETF by 5.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 26,802 shares of the company’s stock worth $538,000 after buying an additional 1,459 shares during the period. Nilsine Partners LLC lifted its holdings in First Trust Ultra Short Duration Municipal ETF by 6.8% during the fourth quarter. Nilsine Partners LLC now owns 234,950 shares of the company’s stock worth $4,720,000 after acquiring an additional 15,058 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF in the fourth quarter valued at about $244,000.

First Trust Ultra Short Duration Municipal ETF Stock Performance

Shares of First Trust Ultra Short Duration Municipal ETF stock opened at $20.13 on Wednesday. First Trust Ultra Short Duration Municipal ETF has a 1 year low of $20.00 and a 1 year high of $20.18. The business has a 50-day moving average of $20.10 and a two-hundred day moving average of $20.12.

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.