First Trust Ultra Short Duration Municipal ETF
FUMB
84 hedge funds and large institutions have $211M invested in First Trust Ultra Short Duration Municipal ETF in 2022 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
16% more capital invested
Capital invested by funds: $182M → $211M (+$29.2M)
9% more funds holding
Funds holding: 77 → 84 (+7)
3.04% more ownership
Funds ownership: 58.74% → 61.78% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.3M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$6.44M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.8M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.86M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.08M |
| 2 |
SAM
Strategy Asset Managers
Pasadena,
California
|
-$3.73M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.56M |
| 4 |
Jane Street
New York
|
-$1.75M |
| 5 |
APWM
Atlas Private Wealth Management
Albany,
New York
|
-$890K |
FUMB Hedge Fund Activity: Q4 2022 in Review
84 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q4 2022, worth a combined $211M — up 16% from $182M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FUMB positions and 10 closed out — a net gain of 9 holders — while 32 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was LPL Financial, cutting an estimated $5.08M.
- 84 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q4 2022, up from 77 in Q3 2022.
- Funds reported $211M of First Trust Ultra Short Duration Municipal ETF stock for Q4 2022, up 16% quarter-over-quarter.
- 19 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q4 2022 and 10 closed out, a net change of +9 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q4 2022 was Morgan Stanley, an estimated $10.3M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q4 2022 was LPL Financial, an estimated $5.08M sold.
Based on aggregated 13F filings for Q4 2022.