First Trust Short Duration Managed Municipal ETF - FSMB Price, Holdings, & News

First Trust Short Duration Managed Municipal ETF's stock was trading at $19.74 on January 1st, 2023. Since then, FSMB shares have increased by 0.4% and is now trading at $19.82.
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First Trust Short Duration Managed Municipal ETF is a fixed income fund issued by First Trust. FSMB focuses on broad market investments. The fund's investments total to approximately $430.48 million assets under management.

First Trust Short Duration Managed Municipal ETF's management fee is 0.55% and has no other recorded expenses. However, FSMB has a fee waiver of -0.20% to reimburse the expenses. The net expense ratio for FSMB is 0.35%.

First Trust Short Duration Managed Municipal ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FSMB."

First Trust Short Duration Managed Municipal ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (14.64%), LPL Financial LLC (5.46%), LWS Wealth Advisors Inc. (5.30%), Raymond James Financial Services Advisors Inc. (5.11%), HighTower Advisors LLC (4.34%) and TruWealth Advisors LLC (1.92%).

Shares of FSMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FSMB stock can currently be purchased for approximately $19.82.

First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) has a market capitalization of $423.16 million.