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First Trust Ultra Short Duration Municipal ETF
FUMB

90 hedge funds and large institutions have $208M invested in First Trust Ultra Short Duration Municipal ETF in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

7% more funds holding

Funds holding: 84 → 90 (+6)

0.22% more ownership

Funds ownership: 61.78% → 62% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

2% less capital invested

Capital invested by funds: $211M → $208M (-$3.6M)

9% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 35

Holders
90
Holders Change
+6
Holders Change %
+7.14%
% of All Funds
1.43%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
32
Reduced
35
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
FTUS
Flow Traders U.S.
New York
+$4.03M
2
Jane Street
Jane Street
New York
+$4.02M
3
HI
Harbour Investments
Wisconsin
+$1.32M
4
APWM
Atlas Private Wealth Management
New York
+$1.3M
5
SS
Simplicity Solutions
Minnesota
+$1.14M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$10.2M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$3.27M
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$1.71M
4
KA
Kovack Advisors
Florida
-$1.29M
5
PAG
Private Advisor Group
New Jersey
-$1.04M
Name Holding Trade Value Shares
Change 		Change in
Stake
KA
26
Kovack Advisors
Florida
$1.75M -$1.29M -64,500 -42%
KPWS
27
Kestra Private Wealth Services
Texas
$1.67M +$8.2K +411 +0.5%
KAS
28
Kestra Advisory Services
Texas
$1.6M +$513K +25,703 +47%
MWM
29
Mattern Wealth Management
Kansas
$1.55M +$116K +5,835 +8%
JIR
30
James Investment Research
Ohio
$1.48M – – –
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$1.48M -$1.71M -85,562 -54%
HI
32
Harbour Investments
Wisconsin
$1.42M +$1.32M +66,071 +1,275%
MP
33
McDonald Partners
Ohio
$1.35M +$49.9K +2,500 +4%
FA
34
Fiduciary Alliance
South Carolina
$1.32M +$103K +5,179 +8%
BFG
35
Bleakley Financial Group
New Jersey
$1.14M -$39K -1,952 -3%
SS
36
Simplicity Solutions
Minnesota
$1.14M +$1.14M +57,209 New
CAN
37
Cetera Advisor Networks
California
$1.01M -$169K -8,479 -14%
SPIA
38
Steward Partners Investment Advisory
New York
$981K +$517K +25,900 +111%
SPC
39
Sigma Planning Corp
Michigan
$926K +$379K +18,979 +69%
EH
40
Equitable Holdings
New York
$743K +$3.49K +175 +0.5%
TAM
41
Titleist Asset Management
Texas
$689K +$688K +34,492 New
Stifel Financial
42
Stifel Financial
Missouri
$619K -$85.2K -4,268 -12%
RJT
43
Raymond James Trust
Florida
$605K -$44.7K -2,239 -7%
TCOO
44
Trust Company of Oklahoma
Oklahoma
$576K +$5.03K +252 +0.9%
IIL
45
Insight Inv LLC
California
$522K -$383K -19,200 -42%
HSG
46
Helen Stephens Group
Texas
$504K +$898 +45 +0.2%
CCM
47
Chilton Capital Management
Texas
$499K – – –
NFG
48
Nations Financial Group
Iowa
$484K +$120K +6,000 +33%
AAS
49
Avantax Advisory Services
Texas
$483K +$106K +5,317 +28%
AFP
50
Ausdal Financial Partners
Iowa
$459K -$68.9K -3,451 -13%
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FUMB Hedge Fund Activity: Q1 2023 in Review

90 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2023, worth a combined $208M — down 1.7% from $211M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FUMB positions and 7 closed out — a net gain of 7 holders — while 32 added to existing stakes and 35 trimmed.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $4.03M. The largest seller was Morgan Stanley, cutting an estimated $10.2M.

  • 90 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2023, up from 84 in Q4 2022.
  • Funds reported $208M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2023, down 1.7% quarter-over-quarter.
  • 14 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2023 and 7 closed out, a net change of +7 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2023 was Flow Traders U.S., an estimated $4.03M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2023 was Morgan Stanley, an estimated $10.2M sold.

Based on aggregated 13F filings for Q1 2023.