Modern Wealth Management’s First Trust Short Duration Managed Municipal ETF FSMB Stock Holding History

Modern Wealth 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
2026 Q1	–	Sell	-12,293	Closed	-$246K	–	909
2025 Q4	$246K	Sell	12,293 -10,333	-46%	-$207K	﹤0.01%	744
2025 Q3	$454K	Sell	22,626 -3,946	-15%	-$79K	0.01%	530
2025 Q2	$529K	Sell	26,572 -4,896	-16%	-$96.9K	0.01%	466
2025 Q1	$625K	Sell	31,468 -2,816	-8%	-$56.1K	0.02%	373
2024 Q4	$680K	Sell	34,284 -14,077	-29%	-$281K	0.03%	313
2024 Q3	$968K	Sell	48,361 -5,083	-10%	-$101K	0.06%	163
2024 Q2	$1.06M	Sell	53,444 -6,860	-11%	-$136K	0.08%	135
2024 Q1	$1.2M	Sell	60,304 -9,044	-13%	-$180K	0.11%	103
2023 Q4	$1.38M	Buy	+69,348	New	+$1.36M	0.17%	49

Other funds holding FSMB

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

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

Corient Private Wealth Miami, Florida $77.5B AUM 28.19% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $103B AUM 28.65% 1-Year Est. Return

PFS Partners Mine Hill, New Jersey $247M AUM 29.02% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

TruWealth Advisors Metairie, Louisiana $2.08B AUM 21.15% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $110B AUM 26.29% 1-Year Est. Return

NewEdge Advisors New Orleans, Louisiana $33.6B AUM 31.03% 1-Year Est. Return

Modern Wealth Management's FSMB Position: Q1 2026 in Review

Modern Wealth Management sold out of First Trust Short Duration Managed Municipal ETF (FSMB) in Q1 2026, closing a stake of 12,293 shares — an estimated $246K sold.

Modern Wealth Management first reported a position in FSMB in Q4 2023 and held it in 9 quarters. The position peaked at $1.38M in Q4 2023. 139 funds tracked by Wall St. Rank hold FSMB as of Q1 2026.

Modern Wealth Management reported no remaining First Trust Short Duration Managed Municipal ETF position as of Q1 2026 after selling out during the quarter.
Modern Wealth Management sold 12,293 First Trust Short Duration Managed Municipal ETF shares in Q1 2026, an estimated $246K.
Modern Wealth Management first reported a position in First Trust Short Duration Managed Municipal ETF in Q4 2023 and held it in 9 quarters.
Modern Wealth Management's First Trust Short Duration Managed Municipal ETF position peaked at $1.38M in Q4 2023.
139 funds tracked by Wall St. Rank held First Trust Short Duration Managed Municipal ETF as of Q1 2026.

Based on Modern Wealth Management's 13F filing for Q1 2026, filed 14 May 2026.