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First Trust Ultra Short Duration Municipal ETF
FUMB

82 hedge funds and large institutions have $142M invested in First Trust Ultra Short Duration Municipal ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

0.6% more ownership

Funds ownership: 69.56% → 70.17% (+0.6%)

1% less funds holding

Funds holding: 83 → 82 (-1)

6% less capital invested

Capital invested by funds: $151M → $142M (-$8.36M)

13% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 31

Holders
82
Holders Change
-1
Holders Change %
-1.2%
% of All Funds
1.18%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
27
Reduced
31
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$1.68M
2
JP Morgan Chase
JP Morgan Chase
New York
+$1.58M
3
Stifel Financial
Stifel Financial
Missouri
+$1.42M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.24M
5
KAS
Kestra Advisory Services
Texas
+$852K

Top Sellers

1
RJFSA
Raymond James Financial Services Advisors
Florida
-$6.57M
2
Jane Street
Jane Street
New York
-$2.12M
3
NA
NewEdge Advisors
Louisiana
-$1.81M
4
Morgan Stanley
Morgan Stanley
New York
-$1.78M
5
FTUS
Flow Traders U.S.
New York
-$1.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
NW
26
Naviter Wealth
Arkansas
$1.22M -$140 -7 -0%
GA
27
GSG Advisors
New Jersey
$1.2M +$7.1K +354 +0.6%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$1.17M +$523K +26,071 +81%
ATPW
29
Ashton Thomas Private Wealth
Arizona
$1.12M -$121K -6,006 -10%
WIM
30
Westside Investment Management
California
$1M – – –
RJA
31
Raymond James & Associates
Florida
$954K +$116K +5,799 +14%
MWM
32
Mattern Wealth Management
Kansas
$949K -$301K -15,000 -24%
MP
33
McDonald Partners
Ohio
$913K -$70.2K -3,500 -7%
SI
34
Stephens Inc
Arkansas
$712K – – –
TCOO
35
Trust Company of Oklahoma
Oklahoma
$695K – – –
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$665K -$180K -8,988 -21%
FTUS
37
Flow Traders U.S.
New York
$636K -$1.22M -60,859 -66%
EH
38
Equitable Holdings
New York
$634K -$9.03K -450 -1%
SPIA
39
Steward Partners Investment Advisory
New York
$589K -$10K -500 -2%
Envestnet Portfolio Solutions
40
Envestnet Portfolio Solutions
Illinois
$583K +$5.32K +265 +0.9%
VWA
41
Visionary Wealth Advisors
Illinois
$546K +$10.5K +523 +2%
CCM
42
Chilton Capital Management
Texas
$502K – – –
CAG
43
Csenge Advisory Group
Florida
$502K – – –
Comerica Bank
44
Comerica Bank
Texas
$495K -$3.19K -159 -0.6%
DAS
45
Dynamic Advisor Solutions
Arizona
$485K -$11.5K -575 -2%
VCM
46
Virtue Capital Management
Tennessee
$457K – – –
CIAS
47
Capital Investment Advisory Services
North Carolina
$442K +$50.3K +2,507 +13%
OPOWM
48
One Plus One Wealth Management
Florida
$439K -$35.4K -1,762 -7%
IIL
49
Insight Inv LLC
California
$402K – – –
OAM
50
Occidental Asset Management
California
$390K -$81.4K -4,058 -17%
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FUMB Hedge Fund Activity: Q2 2024 in Review

82 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q2 2024, worth a combined $142M — down 5.6% from $151M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FUMB positions and 7 closed out — a net gain of 1 holder — while 27 added to existing stakes and 31 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.68M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.57M.

  • 82 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q2 2024, down from 83 in Q1 2024.
  • Funds reported $142M of First Trust Ultra Short Duration Municipal ETF stock for Q2 2024, down 5.6% quarter-over-quarter.
  • 8 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q2 2024 and 7 closed out, a net change of +1 holder.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q2 2024 was LPL Financial, an estimated $1.68M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q2 2024 was Raymond James Financial Services Advisors, an estimated $6.57M sold.

Based on aggregated 13F filings for Q2 2024.