Freedom Investment Management’s First Trust Managed Municipal ETF FMB Stock Holding History

Freedom Investment Management’s Portfolio FMB Stock Details FMB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-18,143	Closed	-$920K	–	127
2025 Q3	$920K	Sell	18,143 -11,793	-39%	-$589K	0.24%	46
2025 Q2	$1.49M	Sell	29,936 -1,773	-6%	-$88.2K	0.12%	151
2025 Q1	$1.6M	Sell	31,709 -733	-2%	-$37.4K	0.13%	133
2024 Q4	$1.65M	Sell	32,442 -1,162	-3%	-$59.8K	0.14%	134
2024 Q3	$1.75M	Buy	33,604 +713	+2%	+$36.8K	0.14%	135
2024 Q2	$1.68M	Sell	32,891 -1,334	-4%	-$68.1K	0.14%	139
2024 Q1	$1.76M	Buy	34,225 +2,149	+7%	+$111K	0.14%	141
2023 Q4	$1.66M	Buy	+32,076	New	+$1.6M	0.14%	138

Other funds holding FMB

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

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

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

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

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

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

MMA

Miracle Mile Advisors Los Angeles, California $8.53B AUM 21.43% 1-Year Est. Return

APP

Avantax Planning Partners Dubuque, Iowa $4.02B AUM 20% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

OIA

OneDigital Investment Advisors Overland Park, Kansas $11.8B AUM 21.23% 1-Year Est. Return

Freedom Investment Management's FMB Position: Q4 2025 in Review

Freedom Investment Management sold out of First Trust Managed Municipal ETF (FMB) in Q4 2025, closing a stake of 18,143 shares — an estimated $920K sold.

Freedom Investment Management first reported a position in FMB in Q4 2023 and held it in 8 quarters. The position peaked at $1.76M in Q1 2024. 307 funds tracked by Wall St. Rank hold FMB as of Q4 2025.

Freedom Investment Management reported no remaining First Trust Managed Municipal ETF position as of Q4 2025 after selling out during the quarter.
Freedom Investment Management sold 18,143 First Trust Managed Municipal ETF shares in Q4 2025, an estimated $920K.
Freedom Investment Management first reported a position in First Trust Managed Municipal ETF in Q4 2023 and held it in 8 quarters.
Freedom Investment Management's First Trust Managed Municipal ETF position peaked at $1.76M in Q1 2024.
307 funds tracked by Wall St. Rank held First Trust Managed Municipal ETF as of Q4 2025.

Based on Freedom Investment Management's 13F filing for Q4 2025, filed 6 Feb 2026.