124,125 Shares in First Trust Ultra Short Duration Municipal ETF $FUMB Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 124,125 shares of the company’s stock, valued at approximately $2,495,000. Flow Traders U.S. LLC owned 1.14% of First Trust Ultra Short Duration Municipal ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF during the 2nd quarter worth about $29,000. WealthBridge Capital Management LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 3.5% during the 3rd quarter. WealthBridge Capital Management LLC now owns 43,405 shares of the company’s stock worth $872,000 after acquiring an additional 1,479 shares during the last quarter. Occidental Asset Management LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 7.5% during the 3rd quarter. Occidental Asset Management LLC now owns 22,250 shares of the company’s stock worth $447,000 after acquiring an additional 1,550 shares during the last quarter. World Investment Advisors grew its holdings in First Trust Ultra Short Duration Municipal ETF by 12.2% during the third quarter. World Investment Advisors now owns 16,125 shares of the company’s stock valued at $324,000 after purchasing an additional 1,750 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in First Trust Ultra Short Duration Municipal ETF by 25.0% during the first quarter. Baird Financial Group Inc. now owns 12,500 shares of the company’s stock valued at $251,000 after purchasing an additional 2,500 shares during the period.

First Trust Ultra Short Duration Municipal ETF Stock Down 0.0%

Shares of NYSEARCA:FUMB opened at $20.13 on Tuesday. The company has a 50 day moving average price of $20.11 and a two-hundred day moving average price of $20.10. First Trust Ultra Short Duration Municipal ETF has a 52 week low of $19.91 and a 52 week high of $20.72.

First Trust Ultra Short Duration Municipal ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a dividend of $0.046 per share. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, February 20th.

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