Virtus Cumberland Municipal Bond ETF
CUMB
CUMB was delisted on the 12th of April, 2019.
7 hedge funds and large institutions have $9.59M invested in Virtus Cumberland Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more funds holding
Funds holding: 6 → 7 (+1)
5% less capital invested
Capital invested by funds: $10.1M → $9.59M (-$511K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$375K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$356K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$260K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.19M |
| 2 |
Jane Street
New York
|
-$129K |
| 3 |
AIS
Accurate Investment Solutions
Seven Fields,
Pennsylvania
|
-$2K |
| 4 |
Citigroup
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
1
Aviance Capital Management
Sarasota,
Florida
| $7.37M | -$1.19M | -48,071 | -14% |
|
|
2
Jane Street
New York
| $1.19M | -$129K | -5,192 | -10% |
|
|
3
Ameriprise
Minneapolis,
Minnesota
| $369K | +$375K | +15,121 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $352K | +$356K | +14,334 | New |
|
|
AWM
5
AE Wealth Management
Topeka,
Kansas
| $256K | +$260K | +10,470 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $51K | +$6.5K | +262 | +14% |
|
|
GI
7
Gradient Investments
Arden Hills,
Minnesota
| $6K | – | – | – |
|
|
AIS
8
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$2K | -80 | Closed |
|
|
9
Citigroup
New York
| – | -$2K | -79 | Closed |
|
CUMB Hedge Fund Activity: Q3 2018 in Review
7 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Virtus Cumberland Municipal Bond ETF (CUMB) for Q3 2018, worth a combined $9.59M — down 5.1% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CUMB positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $375K. The largest seller was Aviance Capital Management, cutting an estimated $1.19M.
- 7 institutional investors held Virtus Cumberland Municipal Bond ETF (CUMB) as of Q3 2018, up from 6 in Q2 2018.
- Funds reported $9.59M of Virtus Cumberland Municipal Bond ETF stock for Q3 2018, down 5.1% quarter-over-quarter.
- 3 funds opened new Virtus Cumberland Municipal Bond ETF positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest Virtus Cumberland Municipal Bond ETF buyer in Q3 2018 was Ameriprise, an estimated $375K added.
- The largest Virtus Cumberland Municipal Bond ETF seller in Q3 2018 was Aviance Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2018.