First Trust Short Duration Managed Municipal ETF
FSMB
43 hedge funds and large institutions have $45.3M invested in First Trust Short Duration Managed Municipal ETF in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 6 reducing their positions, and 4 closing their positions.
283% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 6
21% more capital invested
Capital invested by funds: $37.3M → $45.3M (+$8.01M)
2.11% more ownership
Funds ownership: 49.15% → 51.26% (+2.1%)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.65M |
| 2 |
PWP
Principle Wealth Partners
Madison,
Connecticut
|
+$1.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$712K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$674K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$611K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSC
G&S Capital
Denver,
Colorado
|
-$1.54M |
| 2 |
CBFP
Cedar Brook Financial Partners
Cleveland,
Ohio
|
-$946K |
| 3 |
AC
Avestar Capital
New York
|
-$834K |
| 4 |
Jane Street
New York
|
-$653K |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$298K |
FSMB Hedge Fund Activity: Q1 2021 in Review
43 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q1 2021, worth a combined $45.3M — up 21% from $37.3M a quarter earlier.
Fund positioning in FSMB was balanced in Q1 2021: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.65M. The largest seller was G&S Capital, cutting an estimated $1.54M.
- 43 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $45.3M of First Trust Short Duration Managed Municipal ETF stock for Q1 2021, up 21% quarter-over-quarter.
- 4 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q1 2021 and 4 closed out, a net change of 0 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q1 2021 was LPL Financial, an estimated $5.65M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q1 2021 was G&S Capital, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2021.