We are live on ! Find out more
FUMB icon

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
PTC
76
Private Trust Company
Ohio
$20.3K -$10K -500 -33%
IGWM
77
ICA Group Wealth Management
Colorado
$13.8K +$100 +5 +0.7%
EC
78
EdgeRock Capital
Colorado
$13K +$13K +646 New
DFA
79
DHJJ Financial Advisors
Illinois
$11.1K -$10K -500 -47%
IRC
80
Investors Research Corp
Georgia
$5.26K – – –
RFG
81
REAP Financial Group
Texas
$3.59K – – –
RWMG
82
Redwood Wealth Management Group
New Jersey
$2.81K +$2.81K +140 New
WWWM
83
White Wing Wealth Management
Texas
– -$573K -28,589 Closed
Citadel Advisors
84
Citadel Advisors
Florida
– -$426K -21,272 Closed
SWM
85
Spire Wealth Management
Virginia
– -$306K -15,281 Closed
Mercer Global Advisors
86
Mercer Global Advisors
Colorado
– -$280K -13,958 Closed
HAS
87
HBW Advisory Services
California
– -$211K -10,503 Closed
HGERS
88
Householder Group Estate & Retirement Specialist
Arizona
– -$24.8K -1,237 Closed
CAL
89
Capital Analysts LLC
Pennsylvania
– -$10K -505 Closed
1 2 3
4

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.