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First Trust Ultra Short Duration Municipal ETF

52 hedge funds and large institutions have $132M invested in First Trust Ultra Short Duration Municipal ETF in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 13

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

29% more capital invested

Capital invested by funds: $103M → $132M (+$29.4M)

8.91% more ownership

Funds ownership: 57.54%66.45% (+8.9%)

6% more funds holding

Funds holding: 4952 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
52
Holders Change
+3
Holders Change %
+6.12%
% of All Funds
0.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
19
Reduced
13
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$40.6M +$25.2M +1,257,584 +162%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$11.6M +$7.8M +388,875 +200%
HighTower Advisors
3
HighTower Advisors
Illinois
$10.9M -$281K -13,993 -2%
LPL Financial
4
LPL Financial
California
$10.9M -$372K -18,563 -3%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$8.06M -$1.74M -86,682 -18%
RJA
6
Raymond James & Associates
Florida
$7.71M -$65.8K -3,280 -0.8%
APWM
7
Atlas Private Wealth Management
New York
$6.78M +$55.1K +2,746 +0.8%
SAM
8
Strategy Asset Managers
California
$3.76M +$3.78M +188,376 New
KA
9
Kovack Advisors
Florida
$3.53M +$1.37M +68,300 +63%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$2.89M +$180K +8,972 +7%
Jane Street
11
Jane Street
New York
$2.2M +$2.21M +110,046 New
Osaic Holdings
12
Osaic Holdings
Arizona
$2.18M +$53.1K +2,645 +3%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$2.07M +$278K +13,838 +15%
SCA
14
Snowden Capital Advisors
New York
$1.86M +$11.1K +551 +0.6%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$1.63M +$178K +8,888 +12%
KAS
16
Kestra Advisory Services
Texas
$1.49M -$176K -8,752 -11%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.44M +$36.3K +1,808 +3%
HW
18
Hedeker Wealth
Illinois
$904K +$72.4K +3,608 +9%
WWMSC
19
Wagner Wealth Management (South Carolina)
South Carolina
$868K +$503K +25,057 +136%
FTUS
20
Flow Traders U.S.
New York
$851K +$855K +42,628 New
IIL
21
Insight Inv LLC
California
$806K -$100K -5,000 -11%
EH
22
Equitable Holdings
New York
$785K +$789K +39,330 New
SWP
23
Stratos Wealth Partners
Ohio
$765K +$353K +17,600 +85%
MSFS
24
Main Street Financial Solutions
Pennsylvania
$728K -$171K -8,500 -19%
WCFA
25
Walkner Condon Financial Advisors
Wisconsin
$615K +$618K +30,799 New

FUMB Hedge Fund Activity: Q1 2022 in Review

52 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2022, worth a combined $132M — up 29% from $103M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FUMB positions and 11 closed out — a net gain of 4 holders — while 19 added to existing stakes and 13 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $25.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $7.73M sold.

  • 52 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2022, up from 49 in Q4 2021.
  • Funds reported $132M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2022, up 29% quarter-over-quarter.
  • 15 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2022 and 11 closed out, a net change of +4 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2022 was Morgan Stanley, an estimated $25.2M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2022 was Citadel Advisors, an estimated $7.73M sold.

Based on aggregated 13F filings for Q1 2022.