FAIM
FSMB icon

Financial Advocates Investment Management’s First Trust Short Duration Managed Municipal ETF FSMB Stock Holding History

Financial Advocates Investment Management’s Portfolio FSMB Stock Details FSMB Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-59,265
Closed -$1.18M – 249
2025
Q2 		$1.18M Sell
59,265
-701
-1% -$13.9K 0.1% 204
2025
Q1 		$1.19M Sell
59,966
-225
-0.4% -$4.48K 0.08% 246
2024
Q4 		$1.19M Buy
60,191
+374
+0.6% +$7.46K 0.07% 259
2024
Q3 		$1.2M Sell
59,817
-1,259
-2% -$25.1K 0.07% 267
2024
Q2 		$1.21M Sell
61,076
-3,220
-5% -$63.7K 0.07% 250
2024
Q1 		$1.28M Buy
64,296
+5,036
+8% +$100K 0.07% 261
2023
Q4 		$1.18M Buy
59,260
+25,005
+73% +$490K 0.08% 254
2023
Q3 		$664K Sell
34,255
-2,213
-6% -$43.5K 0.05% 352
2023
Q2 		$720K Buy
36,468
+6,667
+22% +$132K 0.05% 326
2023
Q1 		$592K Sell
29,801
-3,690
-11% -$73.2K 0.04% 393
2022
Q4 		$661K Sell
33,491
-262
-0.8% -$5.14K 0.05% 384
2022
Q3 		$658K Buy
33,753
+8,973
+36% +$178K 0.05% 342
2022
Q2 		$492K Buy
24,780
+3,714
+18% +$73.9K 0.04% 398
2022
Q1 		$423K Buy
21,066
+487
+2% +$9.96K 0.03% 482
2021
Q4 		$428K Buy
20,579
+2,017
+11% +$42K 0.03% 527
2021
Q3 		$387K Hold
18,562
– – 0.03% 542
2021
Q2 		$388K Sell
18,562
-4,978
-21% -$104K 0.03% 540
2021
Q1 		$490K Buy
23,540
+8,309
+55% +$173K 0.03% 488
2020
Q4 		$317K Buy
+15,231
New +$315K 0.02% 548

Other funds holding FSMB

Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return
RWB
RMR Wealth Builders Montclair, New Jersey $1.61B AUM 27.77% 1-Year Est. Return
HighTower Advisors
HighTower Advisors Chicago, Illinois $103B AUM 28.65% 1-Year Est. Return
PP
PFS Partners Mine Hill, New Jersey $247M AUM 29.02% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
TA
TruWealth Advisors Metairie, Louisiana $2.08B AUM 21.15% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
NA
NewEdge Advisors New Orleans, Louisiana $27.7B AUM 22.98% 1-Year Est. Return
Raymond James Financial
Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Financial Advocates Investment Management's FSMB Position: Q3 2025 in Review

Financial Advocates Investment Management sold out of First Trust Short Duration Managed Municipal ETF (FSMB) in Q3 2025, closing a stake of 59,265 shares — an estimated $1.18M sold.

Financial Advocates Investment Management first reported a position in FSMB in Q4 2020 and held it in 19 quarters. The position peaked at $1.28M in Q1 2024. 129 funds tracked by Wall St. Rank hold FSMB as of Q3 2025.

  • Financial Advocates Investment Management reported no remaining First Trust Short Duration Managed Municipal ETF position as of Q3 2025 after selling out during the quarter.
  • Financial Advocates Investment Management sold 59,265 First Trust Short Duration Managed Municipal ETF shares in Q3 2025, an estimated $1.18M.
  • Financial Advocates Investment Management first reported a position in First Trust Short Duration Managed Municipal ETF in Q4 2020 and held it in 19 quarters.
  • Financial Advocates Investment Management's First Trust Short Duration Managed Municipal ETF position peaked at $1.28M in Q1 2024.
  • 129 funds tracked by Wall St. Rank held First Trust Short Duration Managed Municipal ETF as of Q3 2025.

Based on Financial Advocates Investment Management's 13F filing for Q3 2025, filed 6 Nov 2025.