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Naviter Wealth and Insight Inv boosted their holdings in municipal debt ETFs, seeking tax-exempt income.
Naviter Wealth LLC boosted its holdings in the First Trust Short Duration Managed Municipal ETF by 27.1%, now owning 17,626 shares.
Meanwhile, Insight Inv LLC significantly increased its stake in the First Trust Ultra Short Duration Municipal ETF by 297.7%, now owning shares worth $2.26 million.
Both ETFs focus on providing tax-exempt income through portfolios of US municipal debt.
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Naviter Wealth e Insight Inv aumentaron sus tenencias en ETF de deuda municipal, buscando ingresos exentos de impuestos.