Occidental Asset Management LLC Buys New Position in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB)

Occidental Asset Management LLC purchased a new position in shares of First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB – Get Rating) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $200,000. Occidental Asset Management LLC owned 0.10% of First Trust Ultra Short Duration Municipal ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Comprehensive Financial Consultants Institutional Inc. purchased a new position in First Trust Ultra Short Duration Municipal ETF in the fourth quarter valued at $83,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of First Trust Ultra Short Duration Municipal ETF by 44.6% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,366 shares of the company’s stock valued at $187,000 after buying an additional 2,891 shares during the period. 55I LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF during the fourth quarter worth about $200,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of First Trust Ultra Short Duration Municipal ETF during the fourth quarter worth approximately $228,000. Finally, AE Wealth Management LLC acquired a new stake in First Trust Ultra Short Duration Municipal ETF in the fourth quarter valued at approximately $251,000.

First Trust Ultra Short Duration Municipal ETF Price Performance

NYSEARCA:FUMB opened at $20.01 on Thursday. First Trust Ultra Short Duration Municipal ETF has a 12 month low of $19.88 and a 12 month high of $20.26. The business’s fifty day moving average price is $19.98 and its 200 day moving average price is $20.00.