First Trust Ultra Short Duration Municipal ETF
FUMB
77 hedge funds and large institutions have $182M invested in First Trust Ultra Short Duration Municipal ETF in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
27% more capital invested
Capital invested by funds: $143M → $182M (+$39M)
17% more funds holding
Funds holding: 66 → 77 (+11)
3.37% more ownership
Funds ownership: 55.37% → 58.74% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.98M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$9.67M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.6M |
| 4 |
SAM
Strategy Asset Managers
Pasadena,
California
|
+$3.76M |
| 5 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.73M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2M |
| 3 |
SCA
Snowden Capital Advisors
New York
|
-$880K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$687K |
| 5 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
-$444K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
76
EdgeRock Capital
Denver,
Colorado
| $25K | +$25.1K | +1,258 | New |
|
|
HI
77
Harbour Investments
Madison,
Wisconsin
| $6K | – | – | – |
|
|
FTUS
78
Flow Traders U.S.
New York
| – | -$687K | -34,406 | Closed |
|
|
WCFA
79
Walkner Condon Financial Advisors
Madison,
Wisconsin
| – | -$444K | -22,214 | Closed |
|
|
KCFA
80
Key Client Fiduciary Advisors
Fairfield,
New Jersey
| – | -$287K | -14,360 | Closed |
|
|
BCI
81
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$224K | -11,207 | Closed |
|
|
SFS
82
Security Financial Services
Fort Wayne,
Indiana
| – | -$214K | -10,722 | Closed |
|
|
VRM
83
Vectors Research Management
New York
| – | -$73K | -3,653 | Closed |
|
84
Bank of America
Charlotte,
North Carolina
| – | -$2K | -83 | Closed |
|
FUMB Hedge Fund Activity: Q3 2022 in Review
77 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q3 2022, worth a combined $182M — up 27% from $143M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FUMB positions and 7 closed out — a net gain of 11 holders — while 30 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.98M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.73M.
- 77 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q3 2022, up from 66 in Q2 2022.
- Funds reported $182M of First Trust Ultra Short Duration Municipal ETF stock for Q3 2022, up 27% quarter-over-quarter.
- 18 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q3 2022 and 7 closed out, a net change of +11 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q3 2022 was LPL Financial, an estimated $9.98M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q3 2022 was Raymond James Financial Services Advisors, an estimated $4.73M sold.
Based on aggregated 13F filings for Q3 2022.