First Trust Ultra Short Duration Municipal ETF
FUMB
82 hedge funds and large institutions have $142M invested in First Trust Ultra Short Duration Municipal ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0.6% more ownership
Funds ownership: 69.56% → 70.17% (+0.6%)
1% less funds holding
Funds holding: 83 → 82 (-1)
6% less capital invested
Capital invested by funds: $151M → $142M (-$8.36M)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$1.68M |
| 2 |
JP Morgan Chase
New York
|
+$1.58M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.42M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.24M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$852K |
Top Sellers
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.57M |
| 2 |
Jane Street
New York
|
-$2.12M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.81M |
| 4 |
Morgan Stanley
New York
|
-$1.78M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.22M |
FUMB Hedge Fund Activity: Q2 2024 in Review
82 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q2 2024, worth a combined $142M — down 5.6% from $151M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FUMB positions and 7 closed out — a net gain of 1 holder — while 27 added to existing stakes and 31 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.68M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.57M.
- 82 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q2 2024, down from 83 in Q1 2024.
- Funds reported $142M of First Trust Ultra Short Duration Municipal ETF stock for Q2 2024, down 5.6% quarter-over-quarter.
- 8 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q2 2024 and 7 closed out, a net change of +1 holder.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q2 2024 was LPL Financial, an estimated $1.68M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q2 2024 was Raymond James Financial Services Advisors, an estimated $6.57M sold.
Based on aggregated 13F filings for Q2 2024.