FMB icon

First Trust Managed Municipal ETF

298 hedge funds and large institutions have $1.49B invested in First Trust Managed Municipal ETF in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 105 increasing their positions, 116 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

more funds holding in top 10

Funds holding in top 10:

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

more ownership

Funds ownership:

4% more capital invested

Capital invested by funds: $1.43B → $1.49B (+$60.2M)

9% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 116

Holders
298
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LFG
176
Larson Financial Group
Missouri
$667K
AL
177
ARWA LLC
Texas
$667K
DWA
178
Delos Wealth Advisors
Texas
$666K
GWM
179
Geneos Wealth Management
Colorado
$665K
AAS
180
Ameritas Advisory Services
Nebraska
$649K
CW
181
Cooksen Wealth
Texas
$634K
FPCG
182
Forum Private Client Group
Indiana
$633K
SWMG
183
Signature Wealth Management Group
Georgia
$625K
NC
184
NewSquare Capital
Pennsylvania
$616K
BCI
185
Brinker Capital Investments
Pennsylvania
$607K
US Bancorp
186
US Bancorp
Minnesota
$596K
PG
187
Patten Group
Tennessee
$589K
FFA
188
Fi3 Financial Advisors
Indiana
$583K
MCM
189
MAI Capital Management
Ohio
$541K
NP
190
Nilsine Partners
Colorado
$515K
HNWAG
191
High Net Worth Advisory Group
Florida
$514K
LPT
192
Legacy Private Trust
Wisconsin
$514K
MP
193
McDonald Partners
Ohio
$511K
PWM
194
PTM Wealth Management
United States
$509K
AIP
195
Ameritas Investment Partners
Nebraska
$508K
USCWA
196
U.S. Capital Wealth Advisors
Texas
$506K
RPCA
197
Running Point Capital Advisors
California
$493K
FFS
198
Founders Financial Securities
Maryland
$471K
FHC
199
First Horizon Corporation
Tennessee
$460K
BAM
200
Belpointe Asset Management
Nevada
$460K