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First Trust Ultra Short Duration Municipal ETF
FUMB

37 hedge funds and large institutions have $46.6M invested in First Trust Ultra Short Duration Municipal ETF in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 2

61% more funds holding

Funds holding: 23 → 37 (+14)

38% more capital invested

Capital invested by funds: $33.7M → $46.6M (+$12.8M)

38% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 8

2.29% less ownership

Funds ownership: 60.96% → 58.67% (-2.3%)

Holders
37
Holders Change
+14
Holders Change %
+60.87%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
11
Reduced
8
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FTUS
Flow Traders U.S.
New York
+$3.84M
2
Morgan Stanley
Morgan Stanley
New York
+$2.62M
3
LA
LexAurum Advisors
Kansas
+$2.45M
4
APWM
Atlas Private Wealth Management
New York
+$1.36M
5
SCA
Snowden Capital Advisors
New York
+$1.05M

Top Sellers

Rank Fund Capital Flow
1
SWP
Stratos Wealth Partners
Ohio
-$1.65M
2
LPL Financial
LPL Financial
California
-$866K
3
PFS
Prospera Financial Services
Texas
-$700K
4
NA
NewEdge Advisors
Louisiana
-$320K
5
SF
Synovus Financial
Georgia
-$114K
Name Holding Trade Value Shares
Change 		Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$362K +$363K +18,025 New
MFS
27
McNamara Financial Services
Massachusetts
$278K +$278K +13,822 New
FAIM
28
Financial Advocates Investment Management
Washington
$278K +$279K +13,850 New
JCM
29
Jacobi Capital Management
Pennsylvania
$250K +$251K +12,456 New
WS
30
Wedbush Securities
California
$232K -$47.3K -2,350 -17%
BFEC
31
Benjamin F. Edwards & Company
Missouri
$118K -$28.5K -1,415 -19%
PFGIA
32
Patriot Financial Group Insurance Agency
Massachusetts
$31K +$30.7K +1,527 New
APA
33
American Portfolios Advisors
New York
$20.1K – – –
FHA
34
Flagship Harbor Advisors
Massachusetts
$20K +$20.1K +1,000 New
UBS Group
35
UBS Group
Switzerland
$5K +$5.09K +253 New
CAN
36
Cetera Advisor Networks
California
$1K +$684 +34 New
PFS
37
Prospera Financial Services
Texas
– -$700K -34,814 Closed
SF
38
Synovus Financial
Georgia
– -$114K -5,674 Closed
Wells Fargo
39
Wells Fargo
California
– +$20 +1 +100%
1
2

FUMB Hedge Fund Activity: Q2 2020 in Review

37 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q2 2020, worth a combined $46.6M — up 38% from $33.7M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FUMB positions and 2 closed out — a net gain of 14 holders — while 11 added to existing stakes and 8 trimmed.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $3.84M. The largest seller was Stratos Wealth Partners, cutting an estimated $1.65M.

  • 37 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q2 2020, up from 23 in Q1 2020.
  • Funds reported $46.6M of First Trust Ultra Short Duration Municipal ETF stock for Q2 2020, up 38% quarter-over-quarter.
  • 16 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q2 2020 and 2 closed out, a net change of +14 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q2 2020 was Flow Traders U.S., an estimated $3.84M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q2 2020 was Stratos Wealth Partners, an estimated $1.65M sold.

Based on aggregated 13F filings for Q2 2020.