First Trust Short Duration Managed Municipal ETF
FSMB
12 hedge funds and large institutions have $16.4M invested in First Trust Short Duration Managed Municipal ETF in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
8.93% less ownership
Funds ownership: 93.69% → 84.77% (-8.9%)
14% less capital invested
Capital invested by funds: $19M → $16.4M (-$2.57M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LVZ Inc
Holland,
Michigan
|
+$200K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$845K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$670K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$664K |
| 4 |
Jane Street
New York
|
-$469K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$188K |
FSMB Hedge Fund Activity: Q2 2019 in Review
12 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q2 2019, worth a combined $16.4M — down 14% from $19M a quarter earlier.
Fund positioning in FSMB was balanced in Q2 2019: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 5 trimmed.
The largest buyer was LVZ Inc, opening a new position worth an estimated $200K. The largest seller was Royal Bank of Canada, cutting an estimated $845K.
- 12 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $16.4M of First Trust Short Duration Managed Municipal ETF stock for Q2 2019, down 14% quarter-over-quarter.
- 1 fund opened new First Trust Short Duration Managed Municipal ETF positions in Q2 2019 and 1 closed out, a net change of 0 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q2 2019 was LVZ Inc, an estimated $200K added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q2 2019 was Royal Bank of Canada, an estimated $845K sold.
Based on aggregated 13F filings for Q2 2019.