First Trust Ultra Short Duration Municipal ETF
FUMB
42 hedge funds and large institutions have $63M invested in First Trust Ultra Short Duration Municipal ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 7 reducing their positions, and 8 closing their positions.
286% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 7
26% more capital invested
Capital invested by funds: $50M → $63M (+$13.1M)
3.59% more ownership
Funds ownership: 47.18% → 50.77% (+3.6%)
11% less funds holding
Funds holding: 47 → 42 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.94M |
| 2 |
APWM
Atlas Private Wealth Management
Albany,
New York
|
+$3.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.08M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.04M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.68M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.06M |
| 3 |
Morgan Stanley
New York
|
-$577K |
| 4 |
AC
Avestar Capital
New York
|
-$504K |
| 5 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$399K |
FUMB Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2021, worth a combined $63M — up 26% from $50M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FUMB and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 27 added.
The largest buyer was LPL Financial, adding an estimated $3.94M. The largest seller was Jane Street, cutting an estimated $3.68M.
- 42 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2021, down from 47 in Q4 2020.
- Funds reported $63M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2021, up 26% quarter-over-quarter.
- 3 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2021 and 8 closed out, a net change of -5 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2021 was LPL Financial, an estimated $3.94M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2021 was Jane Street, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2021.