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First Trust Managed Municipal ETF
FMB

Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$37.8M +$11.1M +207,773 +42%
Bank of America
2
Bank of America
North Carolina
$29.2M +$5.34M +100,060 +22%
RJA
3
Raymond James & Associates
Florida
$12.2M +$2.07M +38,876 +20%
LPL Financial
4
LPL Financial
California
$8.42M +$2.26M +42,394 +37%
ACM
5
Aviance Capital Management
Florida
$7.24M -$896K -16,795 -11%
EIA
6
Eldridge Investment Advisors
New Hampshire
$5.43M +$5.42M +101,641 New
RJFSA
7
Raymond James Financial Services Advisors
Florida
$4.3M +$3.55M +66,471 +476%
UBS Group
8
UBS Group
Switzerland
$3.99M +$2.84M +53,262 +251%
LPT
9
Legacy Private Trust
Wisconsin
$3.84M +$3.83M +71,700 New
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$3.67M +$1.88M +35,188 +105%
Jane Street
11
Jane Street
New York
$2.87M +$476K +8,919 +20%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.48M +$221K +4,146 +10%
AC
13
Avestar Capital
New York
$1.67M +$1.67M +31,269 New
CCA
14
Clearwater Capital Advisors
Illinois
$1.64M +$396K +7,420 +32%
FAAS
15
First Allied Advisory Services
California
$1.64M +$185K +3,460 +13%
CAPTRUST Financial Advisors
16
CAPTRUST Financial Advisors
North Carolina
$1.54M – – –
MMHP
17
Murphy Middleton Hinkle & Parker
Georgia
$1.53M +$1.53M +28,593 New
AG
18
Advisor Group
Arizona
$1.23M +$765K +14,347 +168%
SCA
19
Snowden Capital Advisors
New York
$1.15M +$1.15M +21,576 New
UR
20
USCA RIA
Texas
$1.14M +$353K +6,607 +45%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$1.03M +$488K +9,144 +91%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$1.02M +$1.02M +19,075 New
BCP
23
Blackhawk Capital Partners
Wisconsin
$1M +$1,000K +18,737 New
FA
24
FMA Advisory
Pennsylvania
$918K +$199K +3,737 +28%
PCM
25
Prelude Capital Management
New York
$910K +$908K +17,012 New
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