First Trust Ultra Short Duration Municipal ETF
FUMB
23 hedge funds and large institutions have $33.7M invested in First Trust Ultra Short Duration Municipal ETF in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
296% more capital invested
Capital invested by funds: $8.52M → $33.7M (+$25.2M)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
77% more funds holding
Funds holding: 13 → 23 (+10)
38.05% more ownership
Funds ownership: 22.9% → 60.96% (+38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.12M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.91M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$3.16M |
| 4 |
AC
Avestar Capital
New York
|
+$2.79M |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$703K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$642K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$545K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$458K |
| 5 |
BCM
Brasada Capital Management
Houston,
Texas
|
-$253K |
FUMB Hedge Fund Activity: Q1 2020 in Review
23 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2020, worth a combined $33.7M — up 296% from $8.52M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FUMB positions and 3 closed out — a net gain of 11 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $9.12M. The largest seller was Raymond James & Associates, cutting an estimated $703K.
- 23 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2020, up from 13 in Q4 2019.
- Funds reported $33.7M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2020, up 296% quarter-over-quarter.
- 14 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2020 and 3 closed out, a net change of +11 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2020 was Morgan Stanley, an estimated $9.12M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2020 was Raymond James & Associates, an estimated $703K sold.
Based on aggregated 13F filings for Q1 2020.