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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
PP
76
PFS Partners
New Jersey
$175K +$175K +8,772 New
GRP
77
Global Retirement Partners
California
$153K +$30.9K +1,550 +25%
Wells Fargo
78
Wells Fargo
California
$134K -$1.06K -53 -0.8%
CFGS
79
Concourse Financial Group Securities
Alabama
$122K +$43.7K +2,188 +56%
ASN
80
Advisory Services Network
Georgia
$118K -$998 -50 -0.8%
FHA
81
First Horizon Advisors
Tennessee
$38.2K -$259K -12,996 -87%
PTC
82
Private Trust Company
Ohio
$32.5K +$32.5K +1,629 New
IA
83
IFP Advisors
Florida
$30K – – –
HGERS
84
Householder Group Estate & Retirement Specialist
Arizona
$23K +$22.9K +1,148 New
BAM
85
Belpointe Asset Management
Nevada
$20K +$20K +1,002 New
Carson Wealth (CWM LLC)
86
Carson Wealth (CWM LLC)
Nebraska
$20K +$20.4K +1,024 New
CP
87
Castleview Partners
Texas
$20K +$20K +1,000 New
CAL
88
Capital Analysts LLC
Pennsylvania
$10K – – –
Commonwealth Equity Services
89
Commonwealth Equity Services
Massachusetts
$5.68K -$511K -25,600 -8%
GFPC
90
Global Financial Private Client
Florida
$3.76K – – –
DAS
91
Dynamic Advisor Solutions
Arizona
– -$489K -24,488 Closed
HW
92
Hedeker Wealth
Illinois
– -$435K -21,825 Closed
B
93
Bensler
Washington
– -$306K -15,360 Closed
SOS
94
Silver Oak Securities
Tennessee
– -$215K -10,759 Closed
IWM
95
Iams Wealth Management
Nebraska
– -$204K -10,230 Closed
CAS
96
Coppell Advisory Solutions
Texas
– -$3.75K -188 Closed
CASC
97
Coppell Advisory Solutions Corp
Texas
– -$3.75K -188 Closed
1 2 3
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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.