Virtus Cumberland Municipal Bond ETF
CUMB
CUMB was delisted on the 12th of April, 2019.
7 hedge funds and large institutions have $14.4M invested in Virtus Cumberland Municipal Bond ETF in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
40% more funds holding
Funds holding: 5 → 7 (+2)
31% less capital invested
Capital invested by funds: $20.7M → $14.4M (-$6.34M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$16.9K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$2.74K |
| 3 |
Morgan Stanley
New York
|
+$2.74K |
| 4 |
Citigroup
New York
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.58M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$2.49M |
| 3 |
VF
Virtu Financial
New York
|
-$301K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
1
Aviance Capital Management
Sarasota,
Florida
| $11.4M | -$2.49M | -97,102 | -18% |
|
|
2
Jane Street
New York
| $2.94M | -$3.58M | -139,724 | -55% |
|
|
3
UBS Group
Zurich,
Switzerland
| $55K | +$16.9K | +659 | +43% |
|
|
IWM
4
IHT Wealth Management
Chicago,
Illinois
| $3K | +$2.74K | +107 | New |
|
|
5
Morgan Stanley
New York
| $3K | +$2.74K | +107 | New |
|
|
AIS
6
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| $2K | – | – | – |
|
|
7
Citigroup
New York
| $2K | +$2.02K | +79 | New |
|
|
VF
8
Virtu Financial
New York
| – | -$301K | -11,807 | Closed |
|
CUMB Hedge Fund Activity: Q4 2017 in Review
7 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Virtus Cumberland Municipal Bond ETF (CUMB) for Q4 2017, worth a combined $14.4M — down 31% from $20.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CUMB positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was UBS Group, adding an estimated $16.9K. The largest seller was Jane Street, cutting an estimated $3.58M.
- 7 institutional investors held Virtus Cumberland Municipal Bond ETF (CUMB) as of Q4 2017, up from 5 in Q3 2017.
- Funds reported $14.4M of Virtus Cumberland Municipal Bond ETF stock for Q4 2017, down 31% quarter-over-quarter.
- 3 funds opened new Virtus Cumberland Municipal Bond ETF positions in Q4 2017 and 1 closed out, a net change of +2 holders.
- The largest Virtus Cumberland Municipal Bond ETF buyer in Q4 2017 was UBS Group, an estimated $16.9K added.
- The largest Virtus Cumberland Municipal Bond ETF seller in Q4 2017 was Jane Street, an estimated $3.58M sold.
Based on aggregated 13F filings for Q4 2017.