Rockefeller Capital Management L.P. Acquires 34,765 Shares of First Trust Ultra Short Duration Municipal ETF $FUMB

Rockefeller Capital Management L.P. grew its holdings in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 38.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,464 shares of the company’s stock after buying an additional 34,765 shares during the quarter. Rockefeller Capital Management L.P. owned 1.04% of First Trust Ultra Short Duration Municipal ETF worth $2,497,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. acquired a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the 2nd quarter worth about $29,000. Tucker Asset Management LLC acquired a new position in First Trust Ultra Short Duration Municipal ETF during the 4th quarter valued at about $41,000. Advisory Services Network LLC bought a new stake in First Trust Ultra Short Duration Municipal ETF during the 3rd quarter worth approximately $77,000. CoreCap Advisors LLC increased its holdings in First Trust Ultra Short Duration Municipal ETF by 250.6% during the 4th quarter. CoreCap Advisors LLC now owns 4,445 shares of the company’s stock worth $89,000 after purchasing an additional 3,177 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in shares of First Trust Ultra Short Duration Municipal ETF in the second quarter worth approximately $249,000.

First Trust Ultra Short Duration Municipal ETF Stock Performance

FUMB stock opened at $20.08 on Tuesday. First Trust Ultra Short Duration Municipal ETF has a twelve month low of $19.98 and a twelve month high of $20.72. The stock’s 50 day moving average is $20.06 and its 200-day moving average is $20.08.

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