We are live on ! Find out more
FSMB icon

First Trust Short Duration Managed Municipal ETF
FSMB

58 hedge funds and large institutions have $83.8M invested in First Trust Short Duration Managed Municipal ETF in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 10 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 10

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

14% more capital invested

Capital invested by funds: $73.6M → $83.8M (+$10.1M)

9% more funds holding

Funds holding: 53 → 58 (+5)

5.07% less ownership

Funds ownership: 59.7% → 54.63% (-5.1%)

Holders
58
Holders Change
+5
Holders Change %
+9.43%
% of All Funds
1.02%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
31
Reduced
10
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$5.4M
2
HW
Hedeker Wealth
Illinois
+$2.49M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.35M
4
KAS
Kestra Advisory Services
Texas
+$1.49M
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$1.15M

Top Sellers

1
IC
Inscription Capital
Texas
-$4.61M
2
FTUS
Flow Traders U.S.
New York
-$1.84M
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$1.28M
4
Jane Street
Jane Street
New York
-$1.1M
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$468K
Name Holding Trade Value Shares
Change 		Change in
Stake
LA
26
LexAurum Advisors
Kansas
$731K +$232K +11,057 +46%
Cetera Investment Advisers
27
Cetera Investment Advisers
Illinois
$720K +$162K +7,756 +29%
MWM
28
Mattern Wealth Management
Kansas
$636K +$349K +16,678 +121%
IA
29
IFP Advisors
Florida
$559K +$129K +6,169 +30%
SPC
30
Sigma Planning Corp
Michigan
$545K +$26.6K +1,269 +5%
IFG
31
Independent Financial Group
California
$518K +$138K +6,609 +36%
LI
32
LVZ Inc
Michigan
$513K +$103K +4,900 +25%
MSFS
33
Main Street Financial Solutions
Pennsylvania
$509K +$29.3K +1,400 +6%
SWA
34
Stratos Wealth Advisors
Ohio
$489K +$491K +23,427 New
GSC
35
G&S Capital
Colorado
$487K -$223K -10,642 -31%
AWA
36
Alta Wealth Advisors
Massachusetts
$475K +$14.1K +675 +3%
HI
37
Harbour Investments
Wisconsin
$469K -$102K -4,894 -18%
ASN
38
Advisory Services Network
Georgia
$423K +$85.3K +4,071 +25%
SB
39
Strategic Blueprint
Georgia
$388K +$150K +7,144 +63%
FAIM
40
Financial Advocates Investment Management
Washington
$387K – – –
NFG
41
Norris Financial Group
South Carolina
$313K – – –
Citadel Advisors
42
Citadel Advisors
Florida
$309K +$310K +14,786 New
IWC
43
Integrated Wealth Concepts
Massachusetts
$274K +$147 +7 +0.1%
OIA
44
OneDigital Investment Advisors
Kansas
$255K +$256K +12,229 New
GWA
45
GGM Wealth Advisors
Maryland
$245K +$247K +11,779 New
PAG
46
Private Advisor Group
New Jersey
$238K +$239K +11,402 New
APA
47
American Portfolios Advisors
New York
$214K -$2.3K -110 -1%
MSAM
48
Moloney Securities Asset Management
Missouri
$209K -$164K -7,851 -44%
BFEC
49
Benjamin F. Edwards & Company
Missouri
$196K +$197K +9,386 New
FEG
50
Financial Enhancement Group
Indiana
$194K – – –
1
2
3

FSMB Hedge Fund Activity: Q3 2021 in Review

58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q3 2021, worth a combined $83.8M — up 14% from $73.6M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FSMB positions and 4 closed out — a net gain of 6 holders — while 31 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, opening a new position worth an estimated $5.4M. The largest seller was Inscription Capital, exiting entirely with an estimated $4.61M sold.

  • 58 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q3 2021, up from 53 in Q2 2021.
  • Funds reported $83.8M of First Trust Short Duration Managed Municipal ETF stock for Q3 2021, up 14% quarter-over-quarter.
  • 10 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q3 2021 and 4 closed out, a net change of +6 holders.
  • The largest First Trust Short Duration Managed Municipal ETF buyer in Q3 2021 was Morgan Stanley, an estimated $5.4M added.
  • The largest First Trust Short Duration Managed Municipal ETF seller in Q3 2021 was Inscription Capital, an estimated $4.61M sold.

Based on aggregated 13F filings for Q3 2021.