Who Owns FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB)? -- Institutional Holders (2026-03-31)
152 institutions reported holding $454.0M of FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB) in SEC 13F filings for 2026-03-31. Largest institutional holders: MORGAN STANLEY ($102.7M), LPL Financial LLC ($45.3M), RMR Wealth Builders ($21.5M), Corient Private Wealth LLC ($21.0M), HighTower Advisors, LLC ($18.9M). Source: SEC Form 13F.
| Rank | Institution | Value | Shares | Change |
|---|
| 1 | MORGAN STANLEY | $102.7M | 5.1M | Added |
| 2 | LPL Financial LLC | $45.3M | 2.3M | Added |
| 3 | RMR Wealth Builders | $21.5M | 1.1M | Added |
| 4 | Corient Private Wealth LLC | $21.0M | 1.1M | Trimmed |
| 5 | HighTower Advisors, LLC | $18.9M | 949,368 | Added |
| 6 | PFS Partners, LLC | $13.7M | 685,295 | Trimmed |
| 7 | UBS Group AG | $13.5M | 678,124 | Trimmed |
| 8 | TruWealth Advisors, LLC | $13.3M | 668,643 | Added |
| 9 | Cetera Investment Advisers | $11.0M | 551,996 | Added |
| 10 | Rockefeller Capital Management L.P. | $10.2M | 509,788 | Added |
| 11 | RAYMOND JAMES FINANCIAL INC | $9.2M | 460,518 | Added |
| 12 | EnRich Financial Partners LLC | $8.3M | 415,619 | Added |
| 13 | WELLS FARGO & COMPANY/MN | $8.3M | 414,123 | Trimmed |
| 14 | ENVESTNET ASSET MANAGEMENT INC | $7.5M | 377,831 | Trimmed |
| 15 | Francis Financial, Inc. | $7.1M | 357,351 | Added |
| 16 | Royal Bank of Canada | $6.4M | 323,015 | Trimmed |
| 17 | Per Stirling Capital Management, LLC. | $6.0M | 298,162 | Added |
| 18 | Nilsine Partners, LLC | $5.6M | 282,049 | Added |
| 19 | Cambridge Investment Research Advisors, Inc. | $5.5M | 277,522 | Added |
| 20 | COMMONWEALTH EQUITY SERVICES, LLC | $5.5M | 273,172 | Added |
| 21 | CONDOR CAPITAL MANAGEMENT | $5.0M | 248,646 | Added |
| 22 | Gateway Wealth Partners, LLC | $4.7M | 234,040 | Added |
| 23 | Allworth Financial LP | $4.4M | 219,812 | Trimmed |
| 24 | True Blue Financial, LLC | $4.2M | 211,162 | Added |
| 25 | JPMORGAN CHASE & CO | $4.2M | 210,255 | Trimmed |
Source: SEC Form 13F filings · as of 2026-03-31