First Trust Ultra Short Duration Municipal ETF
FUMB
66 hedge funds and large institutions have $143M invested in First Trust Ultra Short Duration Municipal ETF in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
27% more funds holding
Funds holding: 52 → 66 (+14)
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
8% more capital invested
Capital invested by funds: $132M → $143M (+$11.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11.08% less ownership
Funds ownership: 66.45% → 55.37% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.11M |
| 2 |
IWA
Inspirion Wealth Advisors
Libertyville,
Illinois
|
+$5.16M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.05M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.21M |
| 5 |
EIA
Eldridge Investment Advisors
Manchester,
New Hampshire
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.6M |
| 2 |
SAM
Strategy Asset Managers
Pasadena,
California
|
-$3.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.33M |
| 4 |
Jane Street
New York
|
-$2.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.11M |
FUMB Hedge Fund Activity: Q2 2022 in Review
66 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q2 2022, worth a combined $143M — up 8.4% from $132M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FUMB positions and 6 closed out — a net gain of 14 holders — while 19 added to existing stakes and 16 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.11M. The largest seller was Morgan Stanley, cutting an estimated $11.6M.
- 66 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q2 2022, up from 52 in Q1 2022.
- Funds reported $143M of First Trust Ultra Short Duration Municipal ETF stock for Q2 2022, up 8.4% quarter-over-quarter.
- 20 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q2 2022 and 6 closed out, a net change of +14 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q2 2022 was LPL Financial, an estimated $9.11M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q2 2022 was Morgan Stanley, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2022.