First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) Sees Large Volume Increase – Here’s Why

Posted by Dante Gardener on Sep 15th, 2026

Shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Get Free Report) saw an uptick in trading volume on Tuesday . Approximately 616,181 shares traded hands during mid-day trading, an increase of 330% from the previous session’s volume of 143,371 shares.The stock last traded at $19.7450 and had previously closed at $19.75.

First Trust Short Duration Managed Municipal ETF Stock Down 0.1%

The firm’s 50-day simple moving average is $19.90 and its 200-day simple moving average is $19.98.

Institutional Investors Weigh In On First Trust Short Duration Managed Municipal ETF

A number of institutional investors have recently added to or reduced their stakes in FSMB. Legacy Wealth Managment LLC ID increased its stake in First Trust Short Duration Managed Municipal ETF by 800.7% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,666 shares of the company’s stock valued at $53,000 after acquiring an additional 2,370 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in First Trust Short Duration Managed Municipal ETF by 111.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,750 shares of the company’s stock worth $55,000 after purchasing an additional 1,450 shares during the period. Tucker Asset Management LLC acquired a new position in shares of First Trust Short Duration Managed Municipal ETF in the 4th quarter worth approximately $82,000. Harbour Investments Inc. lifted its position in shares of First Trust Short Duration Managed Municipal ETF by 47.9% during the 4th quarter. Harbour Investments Inc. now owns 7,690 shares of the company’s stock worth $154,000 after buying an additional 2,490 shares during the period. Finally, EdgeRock Capital LLC acquired a new stake in First Trust Short Duration Managed Municipal ETF in the 1st quarter valued at $211,000.

First Trust Short Duration Managed Municipal ETF Company Profile

(Get Free Report)

The First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation. FSMB was launched on Nov 1, 2018 and is managed by First Trust.