WealthBridge Capital Management LLC Has $621,000 Stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

WealthBridge Capital Management LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 22.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,925 shares of the company’s stock after buying an additional 5,626 shares during the quarter. WealthBridge Capital Management LLC owned approximately 0.30% of First Trust Ultra Short Duration Municipal ETF worth $621,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of FUMB. Mainsail Financial Group LLC boosted its stake in First Trust Ultra Short Duration Municipal ETF by 9.7% in the 3rd quarter. Mainsail Financial Group LLC now owns 273,196 shares of the company’s stock valued at $5,499,000 after buying an additional 24,164 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in First Trust Ultra Short Duration Municipal ETF by 5.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 138,779 shares of the company’s stock valued at $2,792,000 after buying an additional 7,771 shares in the last quarter. Stephens Inc. AR boosted its stake in First Trust Ultra Short Duration Municipal ETF by 17.2% in the 3rd quarter. Stephens Inc. AR now owns 41,611 shares of the company’s stock valued at $837,000 after buying an additional 6,095 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter valued at $229,000. Finally, Core Wealth Partners LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the 3rd quarter valued at $483,000.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.1 %

Shares of FUMB stock opened at $20.15 on Thursday. The stock’s fifty day simple moving average is $20.11 and its 200 day simple moving average is $20.12. First Trust Ultra Short Duration Municipal ETF has a one year low of $20.00 and a one year high of $20.18.

About First Trust Ultra Short Duration Municipal ETF

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.