First Trust Managed MunicipaFMBETF
13F holders, Q4 2025 (December 31)308holders +25
32new positions
19sold out
1famous investor
$51.13avg. 13F price*
At the end of Q4 2025, 308 institutions reported holding First Trust Managed Municipa (FMB) in their 13F filings, up 25 from Q3 2025. 32 opened new positions and 19 sold out. The largest holders were Morgan Stanley ($150.6M), Wells Fargo & Company ($122.7M) and LPL Financial LLC ($118.0M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- First Trust Managed Municipa
- CUSIP
- 33739N108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 32 | $37.1M |
| Exits | 19 | $17.1M |
All 13F filers, Q3 2025 → Q4 2025: 2,029,837 shares bought and 1,331,143 shares sold, net +698,694 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 308 holders
| Morgan Stanley | 0.01% | Reduce -0.7% | 2,945,540 | $150.6M |
| Wells Fargo & Company | 0.02% | Reduce -4.6% | 2,398,698 | $122.7M |
| LPL Financial LLC | 0.03% | Add +8.5% | 2,308,525 | $118.0M |
| UBS Group AG | 0.02% | Add +2.1% | 1,836,968 | $93.9M |
| Bank of America Corp. | 0.01% | Add +4.7% | 1,824,839 | $93.3M |
| Raymond James Financial Inc. | 0.02% | Add +3.8% | 1,190,713 | $60.9M |
| Composition Wealth, LLC | 0.85% | Add +8.7% | 1,163,045 | $59.5M |
| Avantax Planning Partners, Inc. | 1.22% | Reduce -5.1% | 854,387 | $43.7M |
| Osaic Holdings, Inc. | 0.06% | Reduce -6.8% | 798,348 | $40.8M |
| OneDigital Investment Advisors LLC | 0.29% | Add +3.6% | 578,623 | $29.6M |
| Royal Bank of Canada | 0.00% | Reduce -17.6% | 460,542 | $23.6M |
| Janney Montgomery Scott LLC | 0.05% | Add +12.6% | 420,652 | $21.5M |
| Truist Financial Corp. | 0.03% | Reduce -1.9% | 411,226 | $21.0M |
| Cetera Investment Advisers | 0.02% | Add +2.6% | 409,517 | $20.9M |
| NewEdge Advisors, LLC | 0.08% | Add +20.9% | 405,841 | $20.8M |
| Commonwealth Equity Services, LLC | 0.02% | Reduce -7.9% | 350,316 | $17.9M |
| RMR Wealth Builders | 1.29% | Reduce -17.4% | 315,693 | $16.1M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -4.1% | 299,025 | $15.3M |
| Frisch Financial Group, Inc. | 3.40% | Add +2.9% | 296,387 | $15.2M |
| Rockefeller Capital Management L.P. | 0.03% | Add +16.3% | 295,844 | $15.1M |
| Stifel Financial Corp. | 0.01% | Reduce -0.4% | 289,924 | $14.8M |
| TrueWealth Financial Partners | 10.50% | New | 248,749 | $12.7M |
| True Blue Financial, LLC | 10.47% | — | 247,969 | $12.7M |
| GM Advisory Group, LLC | 0.49% | Add +12.1% | 244,899 | $12.5M |
| Cambridge Investment Research Advisors, Inc. | 0.03% | Add +7.5% | 227,740 | $11.6M |
| Northwestern Mutual Wealth Management Co. | 0.01% | Add +2.8% | 210,930 | $10.8M |
| Jane Street Group, LLC | 0.01% | Add +329.6% | 200,002 | $10.2M |
| Citigroup Inc. | 0.01% | Add +3.8% | 187,567 | $9.6M |
| Bank of New York Mellon Corp | 0.00% | Reduce -6.5% | 186,168 | $9.5M |
| Motco | 0.86% | Add +1.9% | 185,177 | $9.5M |
| Jones Financial Companies LLLP | 0.01% | Add +38.2% | 178,958 | $9.2M |
| ERn Financial, LLC | 1.53% | Add +6.2% | 158,806 | $8.1M |
| Sequoia Financial Advisors, LLC | 0.04% | Reduce -4.7% | 155,328 | $7.9M |
| HighPoint Advisor Group LLC | 0.17% | New | 150,169 | $7.7M |
| Thrivent Financial for Lutherans | 0.01% | Add +17.1% | 147,602 | $7.5M |
| Kestra Advisory Services, LLC | 0.03% | Reduce -8.8% | 144,685 | $7.4M |
| Journey Strategic Wealth LLC | 0.19% | Add +3.6% | 141,073 | $7.2M |
| CWA Asset Management Group, LLC | 0.25% | Reduce -25.5% | 133,812 | $6.8M |
| Cwm, LLC | 0.02% | Add +4.0% | 132,062 | $6.8M |
| First Heartland Consultants, Inc. | 0.50% | Add +11.9% | 130,249 | $6.7M |
| BCGM Wealth Management, LLC | 1.59% | Reduce -2.0% | 121,753 | $6.2M |
| Foster & Motley Inc. | 0.30% | Add +33.4% | 108,922 | $5.6M |
| MML Investors Services, LLC | 0.01% | Add +39.0% | 106,280 | $5.4M |
| Sanctuary Advisors, LLC | 0.03% | Reduce -1.3% | 103,742 | $5.3M |
| Private Advisor Group, LLC | 0.02% | Reduce -5.1% | 102,380 | $5.2M |
| Brady Martz Wealth Solutions, LLC | 0.90% | Reduce -9.6% | 100,346 | $5.1M |
| Summit Financial, LLC | 0.07% | Add +1.4% | 99,428 | $5.1M |
| Lake Street Private Wealth, LLC | 0.57% | Reduce -1.9% | 90,200 | $4.6M |
| Comerica Bank | 0.02% | Reduce -14.8% | 89,577 | $4.6M |
| Mgo One Seven LLC | 0.09% | Reduce -1.9% | 86,365 | $4.4M |
| JPMorgan Chase & Co. | 0.00% | Reduce -9.1% | 86,336 | $4.4M |
| Equitable Holdings, Inc. | 0.03% | Add +3.4% | 84,559 | $4.3M |
| Magnus Financial Group LLC | 0.33% | Add +3.2% | 84,306 | $4.3M |
| Allworth Financial LP | 0.02% | Reduce -6.3% | 84,244 | $4.3M |
| FSB Premier Wealth Management, Inc. | 1.36% | Reduce -5.3% | 84,085 | $4.3M |
| Etesian Wealth Advisors, Inc. | 1.34% | Add +2.4% | 83,274 | $4.3M |
| Country Trust Bank | 0.07% | Reduce -7.4% | 79,267 | $4.1M |
| Investment Planning Advisors, Inc. | 1.12% | Add +11.6% | 75,106 | $3.8M |
| Blackhawk Capital Partners, LLC | 1.43% | Reduce -3.1% | 74,552 | $3.8M |
| Prestige Wealth Management Group LLC | 0.72% | Reduce -14.8% | 74,006 | $3.8M |
| EdgeRock Capital LLC | 0.99% | Add +1.9% | 72,601 | $3.7M |
| Mariner, LLC | 0.00% | Reduce -7.8% | 68,701 | $3.5M |
| Westside Investment Management, Inc. | 0.56% | Reduce -0.9% | 68,259 | $3.5M |
| HighTower Advisors, LLC | 0.00% | Reduce -7.9% | 66,408 | $3.4M |
| Arax Advisory Partners | 0.10% | New | 66,383 | $3.4M |
| Arkansas Financial Group, Inc. | 0.48% | Reduce -42.9% | 64,926 | $3.3M |
| Advance Capital Management, Inc. | 0.14% | Reduce -6.7% | 64,676 | $3.3M |
| Seascape Capital Management | 0.93% | Add +36.0% | 64,250 | $3.3M |
| Per Stirling Capital Management, LLC. | 0.37% | Add +51.0% | 63,737 | $3.3M |
| Mutual Advisors, LLC | 0.07% | Add +75.3% | 60,897 | $3.1M |
| Landmark Wealth Management, LLC | 1.12% | Add +0.8% | 57,105 | $2.9M |
| WealthCare Investment Partners, LLC | 0.84% | Add +5.0% | 56,437 | $2.9M |
| Inspirion Wealth Advisors, LLC | 0.35% | Reduce -9.3% | 56,458 | $2.9M |
| Capital Financial Group Inc\co\ | 1.60% | — | 55,950 | $2.9M |
| Clearwater Capital Advisors, LLC | 0.24% | Reduce -1.4% | 55,250 | $2.8M |
| Prospera Financial Services Inc | 0.05% | Reduce -4.9% | 54,006 | $2.8M |
| Sentinel Pension Advisors, LLC | 0.42% | Add +0.9% | 53,944 | $2.8M |
| Golden State Wealth Management, LLC | 0.28% | Add +0.0% | 51,343 | $2.6M |
| ABLE Financial Group, LLC | 0.52% | Add +5.4% | 50,147 | $2.6M |
| Gateway Wealth Partners, LLC | 0.28% | Add +4.1% | 49,379 | $2.5M |
| Pine Valley Investments Ltd Liability Co | 0.12% | Reduce -5.6% | 48,650 | $2.5M |
| Waverly Advisors, LLC | 0.02% | Reduce -14.3% | 47,052 | $2.4M |
| Citadel Advisors | 0.00% | Add +141.4% | 41,965 | $2.1M |
| Creative Planning | 0.00% | Reduce -21.0% | 41,608 | $2.1M |
| Western Wealth Management, LLC | 0.09% | Reduce -2.7% | 40,046 | $2.0M |
| Baird Financial Group, Inc. | 0.00% | Add +22.7% | 39,978 | $2.0M |
| Steward Partners Investment Advisory, LLC | 0.01% | Add +17.1% | 39,752 | $2.0M |
| SteelPeak Wealth, LLC | 0.07% | Reduce -2.1% | 39,469 | $2.0M |
| Keystone Financial Group | 0.14% | Reduce -5.0% | 37,984 | $1.9M |
| Weitzel Financial Services, Inc. | 0.75% | Add +1.6% | 37,648 | $1.9M |
| Principal Securities, Inc. | 0.03% | Add +17.6% | 36,822 | $1.9M |
| Heck Capital Advisors, LLC | 0.14% | Reduce -6.0% | 36,710 | $1.9M |
| Ashton Thomas Private Wealth, LLC | 0.05% | Add +96.4% | 36,533 | $1.9M |
| Envestnet Portfolio Solutions, Inc. | 0.01% | Add +17.8% | 35,772 | $1.8M |
| HFG Wealth Management, LLC | 1.00% | Reduce -21.9% | 35,330 | $1.8M |
| D.A. Davidson & Co. | 0.01% | Reduce -27.4% | 35,155 | $1.8M |
| Dynamic Advisor Solutions LLC | 0.05% | Add +1.1% | 33,331 | $1.7M |
| Ausdal Financial Partners, Inc. | 0.08% | Add +0.3% | 33,198 | $1.7M |
| Sigma Planning Corp | 0.05% | Reduce -8.0% | 32,176 | $1.6M |
| Friday Financial | 0.57% | Add +111.3% | 31,429 | $1.6M |
| Verus Capital Partners, LLC | 0.11% | Add +4.2% | 31,136 | $1.6M |
| Family Capital Management, Inc. | 0.70% | Add +5.0% | 30,773 | $1.6M |
| Merit Financial Group, LLC | 0.01% | New | 30,748 | $1.6M |
| Traction Financial Partners, LLC | 0.93% | Reduce -3.5% | 30,677 | $1.6M |
| Vestmark Advisory Solutions, Inc. | 0.02% | Add +9.5% | 30,550 | $1.6M |
| Elevation Point Wealth Partners, LLC | 0.08% | Reduce -9.9% | 30,550 | $1.6M |
| Legacy Solutions, LLC | 1.33% | Add +2.0% | 29,565 | $1.5M |
| Stratos Wealth Partners, LTD. | 0.02% | Reduce -6.3% | 29,502 | $1.5M |
| Tower Research Capital LLC (TRC) | 0.04% | New | 29,034 | $1.5M |
| Old Mission Capital LLC | 0.06% | Add +439.5% | 29,007 | $1.5M |
| Atlas Private Wealth Advisors | 0.35% | Reduce -2.0% | 28,883 | $1.5M |
| Harbour Investments, Inc. | 0.03% | Reduce -2.8% | 28,735 | $1.5M |
| Advisory Services Network, LLC | 0.02% | Reduce -1.5% | 28,184 | $1.4M |
| Stephens Inc. | 0.02% | No change | 28,115 | $1.4M |
| Concurrent Investment Advisors, LLC | 0.02% | Add +15.1% | 27,258 | $1.4M |
| Capital Investment Advisory Services, LLC | 0.10% | Add +0.6% | 27,120 | $1.4M |
| Pursuit Wealth Management LLC | 1.19% | — | 27,033 | $1.4M |
| Atria Investments, Inc | 0.02% | Reduce -11.8% | 25,931 | $1.3M |
| RFG Advisory, LLC | 0.02% | Add +28.1% | 25,623 | $1.3M |
| Stock Yards Bank & Trust Co. | 0.04% | Add +13.0% | 25,575 | $1.3M |
| GSG Advisors LLC | 0.34% | Reduce -9.3% | 25,482 | $1.3M |
| &partners | 0.01% | Add +76.2% | 24,880 | $1.3M |
| Insight Wealth Strategies, LLC | 0.15% | Add +2.4% | 24,784 | $1.3M |
| Keating Financial Advisory Services, Inc. | 0.17% | — | 24,451 | $1.3M |
| Strategic Financial Partners, Ltd. | 0.54% | Add +11.7% | 24,241 | $1.2M |
| Cypress Capital Group | 0.14% | Reduce -35.4% | 23,850 | $1.2M |
| Sowell Financial Services LLC | 0.04% | Add +0.4% | 23,811 | $1.2M |
| Snowden Capital Advisors LLC | 0.03% | Reduce -5.2% | 23,123 | $1.2M |
| Syntegra Private Wealth Group, LLC | 0.11% | Reduce -1.0% | 22,687 | $1.2M |
| Oppenheimer & Co. Inc. | 0.02% | Add +201.2% | 22,584 | $1.2M |
| Clear Creek Financial Management, LLC | 0.09% | Reduce -17.8% | 22,454 | $1.1M |
| Benjamin Edwards Inc. | 0.01% | Reduce -2.6% | 22,212 | $1.1M |
| Kestra Private Wealth Services, LLC | 0.01% | Reduce -1.6% | 22,168 | $1.1M |
| Hedeker Wealth, LLC | 0.24% | Reduce -36.3% | 22,113 | $1.1M |
| Philip James Wealth Mangement, LLC | 0.13% | Add +0.6% | 22,005 | $1.1M |
| Summit Wealth Partners, LLC | 0.20% | No change | 21,425 | $1.1M |
| Bernardo Wealth Planning LLC | 0.21% | Reduce -6.8% | 21,386 | $1.1M |
| Arkadios Wealth Advisors | 0.02% | Reduce -4.3% | 20,721 | $1.1M |
| Stonehaven Wealth & Tax Solutions, LLC | 0.91% | Add +314.5% | 19,896 | $1.0M |
| Transamerica Financial Advisors, LLC | 0.08% | New | 19,508 | $998K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -10.7% | 19,162 | $982K |
| Milestones Private Investment Advisors LLC | 0.67% | Reduce -0.6% | 19,087 | $976K |
| Crumly & Associates Inc. | 0.20% | No change | 18,385 | $940K |
| Financial Strategies Group, Inc. | 0.17% | Add +2.6% | 18,325 | $939K |
| LVZ, Inc. | 0.10% | Reduce -8.6% | 17,988 | $920K |
| IFG Advisory, LLC | 0.04% | Reduce -1.5% | 17,944 | $918K |
| Modern Wealth Management, LLC | 0.02% | Reduce -52.7% | 17,802 | $910K |
| Global Retirement Partners, LLC | 0.02% | Add +0.7% | 17,713 | $906K |
| IFP Advisors, Inc | 0.02% | Reduce -0.0% | 17,451 | $892K |
| EPG Wealth Management LLC | 0.24% | Reduce -9.0% | 17,408 | $890K |
| Hobart Private Capital, LLC | 0.17% | No change | 17,139 | $876K |
| Elequin Capital, LP | 0.13% | New | 17,027 | $871K |
| Southland Equity Partners LLC | 0.17% | Reduce -18.3% | 16,468 | $842K |
| Great Valley Advisor Group, Inc. | 0.02% | Add +5.0% | 16,200 | $828K |
| Gilbert & Cook, Inc. | 0.10% | New | 16,036 | $820K |
| Kintra Wealth, LLC | 0.11% | New | 16,025 | $819K |
| WCG Wealth Advisors LLC | 0.02% | Add +43.0% | 15,766 | $806K |
| Integrated Wealth Concepts LLC | 0.01% | Reduce -17.9% | 15,460 | $791K |
| Warren Street Wealth Advisors, LLC | 0.23% | No change | 15,332 | $784K |
| Private Trust Co. NA | 0.07% | Add +7.9% | 15,176 | $776K |
| Worth Financial Advisory Group, LLC | 0.37% | New | 14,878 | $761K |
| Saxon Interests, Inc. | 0.27% | Reduce -1.1% | 14,803 | $757K |
| Occidental Asset Management, LLC | 0.09% | Add +9.8% | 14,543 | $744K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | New | 14,498 | $741K |
| QP Wealth Management, LLC | 0.64% | — | 14,235 | $728K |
| Susquehanna International Group, LLP | 0.00% | New | 14,027 | $717K |
| First Trust Advisors LP | 0.00% | Add +6.4% | 13,940 | $713K |
| TL Private Wealth | 0.27% | Add +0.8% | 13,843 | $712K |
| Main Line Retirement Advisors, LLC | 0.36% | Reduce -73.2% | 13,887 | $710K |
| Opinicus Capital, Inc. | 0.48% | Reduce -29.2% | 13,457 | $688K |
| Koshinski Asset Management, Inc. | 0.04% | Reduce -6.8% | 13,436 | $687K |
| Security Financial Services, INC. | 0.11% | Reduce -1.7% | 13,393 | $685K |
| PKS Advisory Services, LLC | 0.15% | Reduce -4.4% | 13,283 | $679K |
| IHT Wealth Management, LLC | 0.02% | Add +3.9% | 13,233 | $677K |
| Hilton Head Capital Partners, LLC | 0.39% | — | 13,203 | $675K |
| Cottonwood Capital Advisors, LLC | 0.48% | Reduce -0.1% | 13,128 | $671K |
| Larson Financial Group LLC | 0.02% | Reduce -9.9% | 13,054 | $667K |
| Arwa LLC | 0.39% | — | 13,045 | $667K |
| Delos Wealth Advisors, LLC | 0.44% | No change | 13,030 | $666K |
| Geneos Wealth Management Inc. | 0.02% | Add +1.4% | 13,012 | $665K |
| Ameritas Advisory Services, LLC | 0.02% | Reduce -32.5% | 12,687 | $649K |
| Cooksen Wealth, LLC | 0.46% | New | 12,406 | $634K |
| Forum Private Client Group LLC | 0.22% | Add +2.3% | 12,387 | $633K |
| Signature Wealth Management Group | 0.25% | Reduce -2.8% | 12,225 | $625K |
| NewSquare Capital LLC | 0.05% | Reduce -11.9% | 12,045 | $616K |
| Orion Porfolio Solutions, LLC | 0.00% | Add +19.5% | 11,867 | $607K |
| US Bancorp \de | 0.00% | Add +55.7% | 11,654 | $596K |
| Patten Group, Inc. | 0.11% | Reduce -1.7% | 11,518 | $589K |
| Fi3 FINANCIAL ADVISORS, LLC | 0.18% | No change | 11,397 | $583K |
| MAI Capital Management | 0.00% | Reduce -12.2% | 10,587 | $541K |
| Old Mission Investment Co LLC | 0.12% | Reduce -15.4% | 10,079 | $515K |
| Nilsine Partners, LLC | 0.04% | Reduce -38.0% | 10,074 | $515K |
| High Net Worth Advisory Group LLC | 0.12% | Reduce -13.6% | 10,056 | $514K |
| Legacy Private Trust Co. | 0.03% | No change | 10,048 | $514K |
| McDonald Partners LLC | 0.16% | No change | 10,000 | $511K |
| PTM Wealth Management, LLC | 0.29% | Reduce -8.8% | 9,928 | $509K |
| Ameritas Investment Partners, Inc. | 0.02% | Add +7.8% | 9,929 | $508K |
| U.S. Capital Wealth Advisors, LLC | 0.01% | Reduce -6.9% | 9,902 | $506K |
| Running Point Capital Advisors, LLC | 0.13% | No change | 9,646 | $493K |
| Founders Financial Securities LLC | 0.03% | New | 9,212 | $471K |
| First Horizon Corp. | 0.02% | New | 9,000 | $460K |
| Belpointe Asset Management LLC | 0.02% | Add +5.8% | 8,997 | $460K |
| Zacks Investment Management | 0.00% | New | 8,915 | $456K |
| Fragasso Financial Advisors Inc | 0.03% | No change | 8,900 | $455K |
| Impact Partnership Wealth, LLC | 0.06% | Reduce -4.2% | 8,875 | $454K |
| Financial Enhancement Group LLC | 0.06% | No change | 8,798 | $451K |
| Gladstone Institutional Advisory LLC | 0.02% | Add +0.1% | 8,642 | $442K |
| Sovran Advisors, LLC | 0.04% | Reduce -2.4% | 8,560 | $440K |
| Csenge Advisory Group | 0.02% | Reduce -21.9% | 8,511 | $435K |
| HCR Wealth Advisors | 0.04% | No change | 8,344 | $427K |
| AE Wealth Management LLC | 0.00% | Reduce -6.2% | 8,243 | $421K |
| Advisory Resource Group | 0.07% | Reduce -12.9% | 8,231 | $421K |
| TrueWealth Advisors, LLC | 0.11% | Add +29.3% | 8,221 | $420K |
| Pure Financial Advisors, LLC | 0.01% | No change | 8,219 | $420K |
| Bison Wealth, LLC | 0.05% | New | 8,201 | $417K |
| Brookstone Capital Management | 0.00% | New | 8,127 | $416K |
| World Investment Advisors | 0.01% | Reduce -3.4% | 8,108 | $415K |
| Maia Wealth LLC | 0.07% | Add +1.9% | 7,934 | $411K |
| Cadia Private Client LLC | 0.33% | — | 8,009 | $410K |
| Integrity Advisory Solutions, LLC | 0.06% | Add +6.7% | 7,875 | $403K |
| Patriot Financial Group Insurance Agency, LLC | 0.05% | No change | 7,782 | $398K |
| Triumph Capital Management | 0.08% | Add +56.0% | 7,664 | $392K |
| Ogorek Anthony Joseph /NY/ | 0.11% | Reduce -74.6% | 7,663 | $391K |
| ShoreHaven Wealth Partners, LLC | 0.14% | Add +4.7% | 7,582 | $388K |
| Ruggiero Investments, Inc. | 0.35% | — | 7,534 | $385K |
| Auour Investments LLC | 0.12% | Add +16.1% | 7,257 | $371K |
| Rehmann Capital Advisory Group | 0.02% | Add +9.7% | 6,917 | $354K |
| Sutton Place Investors LLC | 0.19% | Reduce -10.1% | 6,851 | $350K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -4.0% | 6,554 | $335K |
| Beacon Financial Group | 0.03% | No change | 6,451 | $330K |
| HBW Advisory Services LLC | 0.03% | Reduce -4.3% | 6,230 | $319K |
| Coyle Financial Counsel LLC | 0.07% | Add +2.9% | 6,204 | $317K |
| Kovack Advisors, Inc. | 0.02% | Add +0.7% | 6,193 | $317K |
| Alta Wealth Advisors LLC | 0.10% | Reduce -13.8% | 6,101 | $312K |
| Bowman & Co S.C. | 0.13% | Reduce -4.6% | 6,068 | $310K |
| Cozad Asset Management Inc. | 0.02% | Reduce -39.1% | 6,064 | $310K |
| SeaCrest Wealth Management, LLC | 0.03% | Reduce -14.4% | 5,911 | $304K |
| VestGen Advisors, LLC | 0.01% | Reduce -53.4% | 5,934 | $303K |
| Plante Moran Financial Advisors, LLC | 0.02% | No change | 5,926 | $303K |
| StoneX Group Inc. | 0.01% | Add +7.7% | 5,618 | $287K |
| Regal Investment Advisors LLC | 0.02% | Reduce -14.2% | 5,571 | $285K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -5.9% | 5,433 | $278K |
| Crusonia Wealth Advisors LLC | 0.06% | — | 5,391 | $276K |
| Smithfield Trust Co | 0.01% | New | 5,350 | $274K |
| Wheelhouse Advisory Group LLC | 0.10% | Reduce -16.7% | 5,183 | $265K |
| Icon Wealth Advisors, LLC | 0.02% | Add +0.9% | 5,172 | $264K |
| CFO4Life Group, LLC | 0.04% | Add +12.2% | 4,884 | $250K |
| Financial Engines Advisors L.L.C. | 0.00% | No change | 4,877 | $249K |
| Owen LaRue, LLC | 0.09% | Add +0.8% | 4,855 | $248K |
| Avestar Capital, LLC | 0.02% | New | 4,849 | $248K |
| Catalina Capital Group, LLC | 0.15% | Add +0.5% | 4,730 | $242K |
| Visionary Wealth Advisors | 0.01% | Reduce -85.8% | 4,720 | $241K |
| QTR Family Wealth, LLC | 0.11% | Add +0.9% | 4,635 | $240K |
| Flagstar Securities, Inc. | 0.08% | Reduce -51.0% | 4,656 | $238K |
| Gentry Private Wealth, LLC | 0.15% | Reduce -24.0% | 4,586 | $235K |
| CoreCap Advisors, LLC | 0.01% | Add +233.2% | 4,551 | $233K |
| Purus Wealth Management, LLC | 0.07% | Reduce -17.3% | 4,463 | $228K |
| Advisortrust Partners, LLC | 0.10% | — | 4,441 | $227K |
| Genesee Capital Advisors, LLC | 0.09% | Add +0.6% | 4,363 | $223K |
| Valmark Advisers, Inc. | 0.00% | Reduce -15.3% | 4,285 | $219K |
| Condor Capital Management | 0.02% | No change | 4,285 | $219K |
| Revisor Wealth Management LLC | 0.06% | Reduce -63.5% | 4,243 | $218K |
| Millington Financial Advisors, LLC | 0.10% | New | 4,172 | $215K |
| Goldman Sachs Group Inc. | 0.00% | New | 4,162 | $213K |
| Clarity Capital Advisors, LLC | 0.10% | New | 3,997 | $204K |
| PCG Wealth Advisors, LLC | 0.06% | Reduce -5.9% | 3,952 | $202K |
| Ellis Investment Partners, LLC | 0.04% | New | 3,948 | $202K |
| Pinnacle Bancorp, Inc. | 0.05% | Add +21.8% | 3,352 | $171K |
| Farther Finance Advisors, LLC | 0.00% | Add +9.5% | 3,341 | $171K |
| Pandora Wealth, Inc. | 0.10% | No change | 3,300 | $169K |
| DHJJ Financial Advisors, Ltd. | 0.05% | Add +247.3% | 2,883 | $147K |
| Fifth Third Bancorp | 0.00% | No change | 2,474 | $127K |
| International Assets Investment Management, LLC | 0.01% | New | 2,473 | $126K |
| GPS Wealth Strategies Group, LLC | 0.10% | Reduce -57.8% | 2,320 | $119K |
| Hanson & Doremus Investment Management | 0.01% | No change | 2,233 | $114K |
| Basepoint Wealth LLC | 0.06% | New | 2,060 | $105K |
| Medallion Wealth Advisors, LLC | 0.03% | Add +0.9% | 1,941 | $99K |
| Ancora Advisors LLC | 0.00% | No change | 1,831 | $94K |
| Evolution Wealth Management Inc. | 0.07% | No change | 1,631 | $83K |
| Qube Research & Technologies Ltd | 0.00% | Reduce -21.8% | 1,381 | $71K |
| Duncker Streett & Co. Inc. | 0.01% | No change | 1,380 | $71K |
| IMG Wealth Management, Inc. | 0.04% | No change | 1,290 | $66K |
| Hazlett, Burt & Watson, Inc. | 0.02% | Add +38.9% | 1,250 | $64K |
| Raffa Wealth Management, LLC | 0.01% | Add +21.9% | 1,236 | $63K |
| Lanark Financial, Inc. | 0.00% | No change | 1,176 | $60K |
| Tucker Asset Management LLC | 0.02% | New | 1,062 | $54K |
| Cornerstone Planning Group LLC | 0.01% | Add +0.9% | 1,056 | $54K |
| Tanglewood Legacy Advisors, LLC | 0.01% | No change | 539 | $28K |
| Boyd Watterson Asset Management LLC | 0.01% | New | 474 | $24K |
| CENTRAL TRUST Co | 0.00% | No change | 414 | $21K |
| Tidemark, LLC | 0.01% | No change | 412 | $21K |
| Ameriflex Group, Inc. | 0.01% | Reduce -50.0% | 393 | $20K |
| McGuire Capital Advisors Inc. | 0.01% | — | 314 | $16K |
| Legacy Wealth Managment, LLC | 0.01% | New | 313 | $16K |
| SageView Advisory Group, LLC | 0.00% | New | 300 | $15K |
| Hollencrest Capital Management | 0.00% | No change | 210 | $11K |
| Brown Brothers Harriman & Co. | 0.00% | New | 202 | $10K |
| Cullen/Frost Bankers, Inc. | 0.00% | Add +1.1% | 185 | $9K |
| PFS Partners, LLC | 0.00% | Add +0.6% | 183 | $9K |
| Rossby Financial, LCC | 0.00% | No change | 180 | $9K |
| Capital Analysts, LLC | 0.00% | No change | 183 | $9K |
| IFC & Insurance Marketing, Inc. | 0.01% | — | 99 | $5K |
| Team Financial Group, LLC | 0.00% | No change | 92 | $5K |
| REAP Financial Group, LLC | 0.00% | No change | 86 | $4K |
| Strategic Wealth Partners, Ltd. | 0.00% | Reduce -99.3% | 28 | $1K |
| Elevated Capital Advisors, LLC | 0.00% | New | 10 | $511 |
| High Note Wealth, LLC | 0.00% | No change | 10 | $511 |
| Benson Wealth Management INC | 0.00% | — | 8 | $409 |
"% of holder's portfolio" is FMB's weight in each manager's 13F, not the share of First Trust Managed Municipa the manager owns.