First Trust Ultra Short Duration Municipal ETF
FUMB
88 hedge funds and large institutions have $147M invested in First Trust Ultra Short Duration Municipal ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
11% more funds holding
Funds holding: 79 → 88 (+9)
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
5% more capital invested
Capital invested by funds: $140M → $147M (+$7.45M)
3.85% more ownership
Funds ownership: 70.48% → 74.34% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$3.92M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.94M |
| 3 |
Jane Street
New York
|
+$1.42M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.24M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$876K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.03M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$634K |
| 5 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
-$531K |
FUMB Hedge Fund Activity: Q4 2024 in Review
88 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q4 2024, worth a combined $147M — up 5.3% from $140M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FUMB positions and 4 closed out — a net gain of 12 holders — while 31 added to existing stakes and 28 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $3.92M. The largest seller was Morgan Stanley, cutting an estimated $4.03M.
- 88 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q4 2024, up from 79 in Q3 2024.
- Funds reported $147M of First Trust Ultra Short Duration Municipal ETF stock for Q4 2024, up 5.3% quarter-over-quarter.
- 16 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q4 2024 and 4 closed out, a net change of +12 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q4 2024 was Independent Advisor Alliance, an estimated $3.92M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q4 2024 was Morgan Stanley, an estimated $4.03M sold.
Based on aggregated 13F filings for Q4 2024.