Belpointe Asset Management’s First Trust Municipal High Income ETF FMHI Stock Holding History

Belpointe Asset Management’s Portfolio FMHI Stock Details FMHI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-12,850	Closed	-$600K	–	1004
2025 Q2	$600K	Sell	12,850 -4,260	-25%	-$199K	0.03%	514
2025 Q1	$818K	Sell	17,110 -4,795	-22%	-$232K	0.04%	396
2024 Q4	$1.07M	Hold	21,905	–	–	0.06%	296
2024 Q3	$1.08M	Buy	+21,905	New	+$1.07M	0.06%	292
2023 Q2	–	Sell	-107	Closed	-$5.02K	–	1541
2023 Q1	$5.02K	Hold	107	–	–	﹤0.01%	3016
2022 Q4	$4.95K	Buy	+107	New	+$4.91K	﹤0.01%	2937

Other funds holding FMHI

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

MAS

Meeder Advisory Services Dublin, Ohio $2.39B AUM 23.78% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

PWP

Principle Wealth Partners Madison, Connecticut $1.75B AUM 21.63% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $94B AUM 20.14% 1-Year Est. Return

Belpointe Asset Management's FMHI Position: Q3 2025 in Review

Belpointe Asset Management sold out of First Trust Municipal High Income ETF (FMHI) in Q3 2025, closing a stake of 12,850 shares — an estimated $600K sold.

Belpointe Asset Management first reported a position in FMHI in Q4 2022 and held it in 6 quarters. The position peaked at $1.08M in Q3 2024. 166 funds tracked by Wall St. Rank hold FMHI as of Q3 2025.

Belpointe Asset Management reported no remaining First Trust Municipal High Income ETF position as of Q3 2025 after selling out during the quarter.
Belpointe Asset Management sold 12,850 First Trust Municipal High Income ETF shares in Q3 2025, an estimated $600K.
Belpointe Asset Management first reported a position in First Trust Municipal High Income ETF in Q4 2022 and held it in 6 quarters.
Belpointe Asset Management's First Trust Municipal High Income ETF position peaked at $1.08M in Q3 2024.
166 funds tracked by Wall St. Rank held First Trust Municipal High Income ETF as of Q3 2025.

Based on Belpointe Asset Management's 13F filing for Q3 2025, filed 3 Nov 2025.