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

ETF Overview

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.

Key Stats

• Today's Range: $19.98 to $20.02
• 50-Day Range: $19.85 to $20.03
• 52-Week Range: $19.47 to $20.11
• Volume: 77,610 shs
• Average Volume: 103,271 shs
• Market Capitalization: $471.65 million
• Assets Under Management: $479.76 million
• Dividend Yield: 3.05%
• Net Expense Ratio: 0.55%
• Aggregate Rating: N/A

FSMB ETF - Frequently Asked Questions

How have FSMB shares performed this year?

First Trust Short Duration Managed Municipal ETF's stock was trading at $19.84 on January 1st, 2025. Since then, FSMB stock has increased by 0.7% and is now trading at $19.9850.

Who are First Trust Short Duration Managed Municipal ETF's major shareholders?

First Trust Short Duration Managed Municipal ETF's top institutional shareholders include Raymond James Financial Inc. (7.42%), RMR Wealth Builders (3.66%), PFS Partners LLC (3.03%) and TruWealth Advisors LLC (2.64%).

How do I buy shares of First Trust Short Duration Managed Municipal ETF?

Shares of FSMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Short Duration Managed Municipal ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Short Duration Managed Municipal ETF investors own include FT Vest U.S. Equity Deep Buffer ETF - December (DDEC), Cornerstone Total Return Fund (CRF), Cencora (COR), Citizens (CIZN), Calamos Global Dynamic Income Fund (CHW), ChargePoint (CHPT) and Berkshire Hathaway (BRK.B).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Short Duration Managed Municipal ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FSMB
• Inception Date: 11/1/2018
• Fund Manager: Johnathan Wilhelm, Tom Futrell
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Broad Municipals
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 460

Fund Statistics

• Assets Under Management: $479.76 million
• Average Daily Volume: $85.71 thousand
• Discount/Premium: 0.00%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 6,300 shs

Miscellaneous

• Outstanding Shares: 23,600,000
• Beta: 0.07
• Creation Unit: 50,000
• Creation Fee: $500.00