Stephens Inc’s First Trust Short Duration Managed Municipal ETF FSMB Stock Holding History

Stephens Inc’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 Q2	$1.64M	Sell	81,821 -20,304	-20%	-$406K	0.02%	543
2026 Q1	$2.04M	Sell	102,125 -14,329	-12%	-$288K	0.03%	468
2025 Q4	$2.33M	Hold	116,454	–	–	0.03%	445
2025 Q3	$2.34M	Hold	116,454	–	–	0.03%	456
2025 Q2	$2.32M	Hold	116,454	–	–	0.03%	431
2025 Q1	$2.31M	Hold	116,454	–	–	0.03%	424
2024 Q4	$2.31M	Hold	116,454	–	–	0.03%	414
2024 Q3	$2.33M	Buy	116,454 +17,700	+18%	+$353K	0.03%	413
2024 Q2	$1.95M	Hold	98,754	–	–	0.03%	436
2024 Q1	$1.96M	Hold	98,754	–	–	0.03%	428
2023 Q4	$1.97M	Hold	98,754	–	–	0.03%	402
2023 Q3	$1.91M	Sell	98,754 -8,984	-8%	-$177K	0.04%	382
2023 Q2	$2.13M	Buy	+107,738	New	+$2.13M	0.04%	365

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

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

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

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

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

Waverly Advisors Birmingham, Alabama $17.2B AUM 24.89% 1-Year Est. Return

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

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

Stephens Inc's FSMB Position: Q2 2026 in Review

Stephens Inc reduced its First Trust Short Duration Managed Municipal ETF (FSMB) stake by 20% in Q2 2026, selling an estimated $406K and leaving 81,821 shares worth $1.64M. The position accounts for 0.02% of the portfolio, ranked #543.

Stephens Inc first reported a position in FSMB in Q2 2023 and has held it in 13 quarters since. The position peaked at $2.34M in Q3 2025. 139 funds tracked by Wall St. Rank hold FSMB as of Q2 2026.

Stephens Inc held 81,821 shares of First Trust Short Duration Managed Municipal ETF worth $1.64M as of Q2 2026.
Stephens Inc sold 20,304 First Trust Short Duration Managed Municipal ETF shares in Q2 2026, an estimated $406K.
First Trust Short Duration Managed Municipal ETF made up 0.02% of Stephens Inc's portfolio in Q2 2026, its #543 holding.
Stephens Inc first reported a position in First Trust Short Duration Managed Municipal ETF in Q2 2023 and has held it in 13 quarters since.
Stephens Inc's First Trust Short Duration Managed Municipal ETF position peaked at $2.34M in Q3 2025.
139 funds tracked by Wall St. Rank held First Trust Short Duration Managed Municipal ETF as of Q2 2026.

Based on Stephens Inc's 13F filing for Q2 2026, filed 29 Jul 2026.