First Trust Ultra Short Duration Municipal ETF
FUMB
79 hedge funds and large institutions have $140M invested in First Trust Ultra Short Duration Municipal ETF in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 9 closing their positions.
0.32% more ownership
Funds ownership: 70.17% → 70.48% (+0.32%)
2% less capital invested
Capital invested by funds: $142M → $140M (-$2.51M)
4% less funds holding
Funds holding: 82 → 79 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.95M |
| 2 |
JP Morgan Chase
New York
|
+$1.52M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$644K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$619K |
| 5 |
MFG
Mainsail Financial Group
Bellevue,
Washington
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.41M |
| 2 |
IWA
Inspirion Wealth Advisors
Libertyville,
Illinois
|
-$1.21M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$972K |
| 4 |
Morgan Stanley
New York
|
-$834K |
| 5 |
Jane Street
New York
|
-$533K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFA
76
DHJJ Financial Advisors
Naperville,
Illinois
| $10.2K | -$1.01K | -50 | -9% |
|
|
IRC
77
Investors Research Corp
Atlanta,
Georgia
| $5.27K | – | – | – |
|
|
RFG
78
REAP Financial Group
Austin,
Texas
| $3.6K | – | – | – |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2.51K | +$2.52K | +125 | New |
|
|
CCM
80
Chilton Capital Management
Houston,
Texas
| – | -$502K | -25,018 | Closed |
|
|
VCM
81
Virtue Capital Management
Brentwood,
Tennessee
| – | -$457K | -22,742 | Closed |
|
|
OPOWM
82
One Plus One Wealth Management
Jupiter,
Florida
| – | -$439K | -21,885 | Closed |
|
|
AFP
83
Ausdal Financial Partners
Davenport,
Iowa
| – | -$336K | -16,750 | Closed |
|
|
KWA
84
Kingswood Wealth Advisors
San Diego,
California
| – | -$244K | -12,163 | Closed |
|
|
NGA
85
Naples Global Advisors
Naples,
Florida
| – | -$231K | -11,500 | Closed |
|
|
OWA
86
Opal Wealth Advisors
Jericho,
New York
| – | -$173K | -8,627 | Closed |
|
|
EC
87
EdgeRock Capital
Denver,
Colorado
| – | -$13K | -646 | Closed |
|
|
RWMG
88
Redwood Wealth Management Group
Medford,
New Jersey
| – | -$2.81K | -140 | Closed |
|
FUMB Hedge Fund Activity: Q3 2024 in Review
79 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q3 2024, worth a combined $140M — down 1.8% from $142M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FUMB and 8 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 27 added.
The largest buyer was LPL Financial, adding an estimated $1.95M. The largest seller was Susquehanna International Group, cutting an estimated $1.41M.
- 79 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q3 2024, down from 82 in Q2 2024.
- Funds reported $140M of First Trust Ultra Short Duration Municipal ETF stock for Q3 2024, down 1.8% quarter-over-quarter.
- 8 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q3 2024 and 9 closed out, a net change of -1 holder.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q3 2024 was LPL Financial, an estimated $1.95M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q3 2024 was Susquehanna International Group, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2024.