First Trust Ultra Short Duration Municipal ETF
FUMB
46 hedge funds and large institutions have $95.2M invested in First Trust Ultra Short Duration Municipal ETF in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
15% more funds holding
Funds holding: 40 → 46 (+6)
11% more capital invested
Capital invested by funds: $85.8M → $95.2M (+$9.42M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.62% less ownership
Funds ownership: 55.55% → 53.93% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.59M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.59M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.55M |
| 4 |
Morgan Stanley
New York
|
+$1.25M |
| 5 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$2.24M |
| 2 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$714K |
| 3 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
-$634K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$554K |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$238K |
FUMB Hedge Fund Activity: Q3 2021 in Review
46 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q3 2021, worth a combined $95.2M — up 11% from $85.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FUMB positions and 5 closed out — a net gain of 6 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $1.59M. The largest seller was HighTower Advisors, cutting an estimated $2.24M.
- 46 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q3 2021, up from 40 in Q2 2021.
- Funds reported $95.2M of First Trust Ultra Short Duration Municipal ETF stock for Q3 2021, up 11% quarter-over-quarter.
- 11 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q3 2021 and 5 closed out, a net change of +6 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q3 2021 was Thomas J. Herzfeld Advisors, an estimated $1.59M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q3 2021 was HighTower Advisors, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2021.