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First Trust Managed Municipal ETF

281 hedge funds and large institutions have $1.43B invested in First Trust Managed Municipal ETF in 2025 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 105 increasing their positions, 118 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.47% less ownership

Funds ownership: 75.81%75.34% (-0.47%)

1% less capital invested

Capital invested by funds: $1.44B → $1.43B (-$10.4M)

5% less funds holding

Funds holding: 297281 (-16)

11% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 118

29% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 28

Holders
281
Holders Change
-16
Holders Change %
-5.39%
% of All Funds
3.69%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
20
Increased
105
Reduced
118
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$150M -$4.67M -93,488 -3%
Wells Fargo
2
Wells Fargo
California
$128M -$3.78M -75,565 -3%
LPL Financial
3
LPL Financial
California
$108M +$4.04M +80,800 +4%
UBS Group
4
UBS Group
Switzerland
$91.2M +$1.03M +20,689 +1%
Bank of America
5
Bank of America
North Carolina
$88.3M +$154K +3,078 +0.2%
Raymond James Financial
6
Raymond James Financial
Florida
$58.2M -$2.21M -44,232 -4%
MMA
7
Miracle Mile Advisors
California
$54.3M +$17.9M +358,121 +50%
APP
8
Avantax Planning Partners
Iowa
$45.6M +$3.18M +63,619 +8%
Osaic Holdings
9
Osaic Holdings
Arizona
$43.2M +$20.2M +403,536 +89%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$28.3M -$2.55M -50,975 -8%
OIA
11
OneDigital Investment Advisors
Kansas
$28.3M +$225K +4,499 +0.8%
Truist Financial
12
Truist Financial
North Carolina
$21.3M +$2.39M +47,919 +13%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$20.2M +$7.12M +142,427 +55%
RWB
14
RMR Wealth Builders
New Jersey
$19.4M +$1.62M +32,472 +9%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$19.3M -$466K -9,331 -2%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$18.9M +$1.85M +36,976 +11%
NA
17
NewEdge Advisors
Louisiana
$17M -$2.01M -40,213 -11%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$15.8M -$1.81M -36,215 -10%
Stifel Financial
19
Stifel Financial
Missouri
$14.8M -$3.85M -77,062 -21%
FFG
20
Frisch Financial Group
New York
$14.6M +$3.78M +75,648 +36%
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$12.9M -$27K -541 -0.2%
GAG
22
GM Advisory Group
New York
$11.1M +$324K +6,492 +3%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$10.7M +$575K +11,514 +6%
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$10.4M +$1.29M +25,746 +14%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$10.1M -$162K -3,243 -2%