Vault-13

FIRST TR EXCH TRADED FD III FMB

MANAGD MUN ETF · ETP · CUSIP 33739N108

306 institutional holders -6 vs Q4 2024
30,813,21130.8m shares reported held*
$1.6bnreported value*
21 new 118 added 128 reduced 28 sold out net bought ≈ $53.8m (+1.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($631.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.41.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 287Q4 22: 276Q1 23: 273Q2 23: 277Q3 23: 275Q4 23: 299Q1 24: 297Q2 24: 300Q3 24: 304Q4 24: 312Q1 25: 306306Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022287
Q4 2022276
Q1 2023273
Q2 2023277
Q3 2023275
Q4 2023299
Q1 2024297
Q2 2024300
Q3 2024304
Q4 2024312
Q1 2025306

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 23: 130 bought or addedQ2 23: 131 cut or sold outQ3 23: 119 bought or addedQ3 23: 143 cut or sold outQ3 23Q4 23: 121 bought or addedQ4 23: 155 cut or sold outQ1 24: 146 bought or addedQ1 24: 134 cut or sold outQ1 24Q2 24: 134 bought or addedQ2 24: 148 cut or sold outQ3 24: 152 bought or addedQ3 24: 135 cut or sold outQ3 24Q4 24: 151 bought or addedQ4 24: 134 cut or sold outQ1 25: 139 bought or addedQ1 25: 156 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023130131
Q3 2023119143
Q4 2023121155
Q1 2024146134
Q2 2024134148
Q3 2024152135
Q4 2024151134
Q1 2025139156

Biggest buyers

Creative Planning Added +381,942+381.9k
WELLS FARGO & COMPANY/MN Added +279,453+279.5k
OSAIC HOLDINGS, INC. Added +207,648+207.6k
JANE STREET GROUP, LLC Added +182,683+182.7k
NewEdge Advisors, LLC Added +142,668+142.7k
JPMORGAN CHASE & CO Added +132,700+132.7k
BANK OF AMERICA CORP /DE/ Added +122,379+122.4k
HighTower Advisors, LLC Added +118,458+118.5k
LPL Financial LLC Added +77,992+78.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +75,137+75.1k

Biggest sellers

Independent Advisor Alliance Sold out -290,714-290.7k
MORGAN STANLEY Reduced -160,619-160.6k
RFG Advisory, LLC Reduced -155,232-155.2k
OLD MISSION CAPITAL LLC Sold out -62,888-62.9k
Sequoia Financial Advisors, LLC Reduced -58,954-59.0k
Legacy Private Trust Co. Reduced -54,269-54.3k
XML Financial, LLC Sold out -40,945-40.9k
Ausdal Financial Partners, Inc. Reduced -31,359-31.4k
Kestra Advisory Services, LLC Reduced -28,743-28.7k
Per Stirling Capital Management, LLC. Reduced -23,525-23.5k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,979,2923.0m $150.2m $150.2m 0.01% Reduced -160.6k -160,619
2 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,684,7762.7m $135.4m $135.4m 0.03% Added +279.5k +279,453
3 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 2,179,7682.2m $109.9m $109.9m 0.04% Added +78.0k +77,992
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,852,3531.9m $93.4m $93.4m 0.01% Added +122.4k +122,379
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,747,3731.7m $88.1m $88.1m 0.02% Added +25.9k +25,933
6 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,157,2971.2m $58.4m $58.4m 0.02% Added +7.0k +6,985
7 Composition Wealth, LLC 0.66% of their portfolio LOS ANGELES, CA 649,521649.5k $32.8m $32.8m 0.66% Added +19.7k +19,690
8 Avantax Planning Partners, Inc. 1.14% of their portfolio DUBUQUE, IA 639,192639.2k $32.2m $32.2m 1.14% Reduced -10.8k -10,837
9 AVANTAX ADVISORY SERVICES, INC. 0.19% of their portfolio DALLAS, TX 621,617621.6k $31.3m $31.3m 0.19% Added +16.7k +16,676
10 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 619,572619.6k $31.2m $31.2m 0.01% Added +8.5k +8,529
11 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 495,145495.1k $25.0m $25.0m 0.06% Added +207.6k +207,648
12 CW Advisors, LLC 0.28% of their portfolio BOSTON, MA 465,465465.5k $23.5m $23.5m 0.28% Reduced -1.2k -1,188
13 NewEdge Advisors, LLC 0.14% of their portfolio NEW ORLEANS, LA 455,622455.6k $23.0m $23.0m 0.14% Added +142.7k +142,668
14 OneDigital Investment Advisors LLC 0.25% of their portfolio OVERLAND PARK, KS 426,121426.1k $21.5m $21.5m 0.25% Reduced -10.2k -10,236
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 403,587403.6k $20.3m $20.3m 0.01% Reduced -22.1k -22,092
16 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 386,786386.8k $19.5m $19.5m 0.02% Added +381.9k +381,942
17 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 384,349384.3k $19.4m $19.4m 0.03% Added +75.1k +75,137
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 356,354356.4k $18.0m $18.0m 0.00% Added +132.7k +132,700
19 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 355,147355.1k $17.9m $17.9m 0.02% Added +8.4k +8,439
20 RMR Wealth Builders 1.74% of their portfolio Montclair, NJ 328,008328.0k $16.5m $16.5m 1.74% Added +43.8k +43,804
21 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 327,078327.1k $16.5m $16.5m 0.03% Added +7.4k +7,368
22 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 322,732322.7k $16.3m $16.3m 0.05% Added +21.9k +21,889
23 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 322,047322.0k $16.2m $16.2m 0.05% Added +13.7k +13,698
24 Larson Financial Group LLC 0.76% of their portfolio ST LOUIS, MO 317,203317.2k $16.0m $16.0m 0.76% Added +41.2k +41,154
25 ERn Financial, LLC 2.17% of their portfolio MIDDLETON, WI 272,520272.5k $13.7m $13.7m 2.17% Reduced -6.3k -6,346
26 Sequoia Financial Advisors, LLC 0.10% of their portfolio Akron, OH 253,818253.8k $12.8m $12.8m 0.10% Reduced -59.0k -58,954
27 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 231,944231.9k $11.7m $11.7m 0.02% Added +118.5k +118,458
28 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 223,022223.0k $11.2m $11.2m 0.02% Reduced -3.3k -3,300
29 CWA Asset Management Group, LLC 0.51% of their portfolio NAPLES, FL 211,053211.1k $10.6m $10.6m 0.51% Reduced -18.0k -18,049
30 GM Advisory Group, LLC 0.57% of their portfolio MELVILLE, NY 210,528210.5k $10.6m $10.6m 0.57% Added +12.8k +12,778
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 207,572207.6k $10.5m $10.5m 0.01% Reduced -13.9k -13,926
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 205,804205.8k $10.4m $10.4m 0.00% Reduced -3.5k -3,477
33 Frisch Financial Group, Inc. 2.91% of their portfolio MELVILLE, NY 205,696205.7k $10.4m $10.4m 2.91% Added +282 +282
34 MOTCO 1.04% of their portfolio SAN ANTONIO, TX 194,766194.8k $9.8m $9.8m 1.04% Reduced -633 -633
35 VERUS CAPITAL PARTNERS, LLC 0.97% of their portfolio SCOTTSDALE, AZ 193,258193.3k $9.7m $9.7m 0.97% Added +1.5k +1,485
36 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 189,530189.5k $9.6m $9.6m 0.02% Added +182.7k +182,683
37 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 186,130186.1k $9.4m $9.4m 0.02% Added +13.5k +13,488
38 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 165,025165.0k $8.3m $8.3m 0.04% Reduced -28.7k -28,743
39 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 153,981154.0k $7.8m $7.8m 0.01% Reduced -1.9k -1,876
40 Focus Partners Advisor Solutions, LLC 0.11% of their portfolio SAINT LOUIS, MO 148,776148.8k $7.5m $7.5m 0.11% Reduced -1.4k -1,370
41 JOURNEY STRATEGIC WEALTH LLC 0.25% of their portfolio SUMMIT, NJ 140,860140.9k $7.1m $7.1m 0.25% Added +20.6k +20,600
42 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 131,094131.1k $6.6m $6.6m 0.04% Reduced -13.1k -13,105
43 First Heartland Consultants, Inc. 0.67% of their portfolio LAKE ST. LOUIS, MO 129,230129.2k $6.5m $6.5m 0.67% Added +23.5k +23,493
44 Brady Martz Wealth Solutions, LLC 1.46% of their portfolio GRAND FORKS, ND 128,230128.2k $6.5m $6.5m 1.46% Added +977 +977
45 ARKANSAS FINANCIAL GROUP, INC. 1.06% of their portfolio LITTLE ROCK, AR 124,251124.3k $6.2m $6.2m 1.06% Reduced -72 -72
46 BCGM Wealth Management, LLC 1.81% of their portfolio LAFAYETTE, IN 116,745116.7k $5.9m $5.9m 1.81% Reduced -4.0k -4,028
47 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 115,482115.5k $5.8m $5.8m 0.02% Reduced -570 -570
48 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 115,436115.4k $5.8m $5.8m 0.07% Added +11.7k +11,730
49 Prestige Wealth Management Group LLC 1.06% of their portfolio FLEMINGTON, NJ 98,38798.4k $5.0m $5.0m 1.06% Added +12.7k +12,677
50 LAKE STREET PRIVATE WEALTH, LLC 0.80% of their portfolio CHICAGO, IL 96,90096.9k $4.9m $4.9m 0.80% Reduced -500 -500
51 CWM, LLC 0.02% of their portfolio OMAHA, NE 95,92195.9k $4.8m $4.8m 0.02% Reduced -10.2k -10,204
52 Magnus Financial Group LLC 0.46% of their portfolio NEW YORK, NY 94,61994.6k $4.8m $4.8m 0.46% Reduced -5.1k -5,139
53 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 93,49093.5k $4.7m $4.7m 0.00% Added +26.4k +26,405
54 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 91,41791.4k $4.6m $4.6m 0.03% Added +12.1k +12,131
55 MGO ONE SEVEN LLC 0.17% of their portfolio Beachwood, OH 88,99789.0k $4.5m $4.5m 0.17% Added +1.1k +1,060
56 Advance Capital Management, Inc. 0.21% of their portfolio SOUTHFIELD, MI 87,98488.0k $4.4m $4.4m 0.21% Reduced -3.3k -3,292
57 FSB PREMIER WEALTH MANAGEMENT, INC. 1.73% of their portfolio WATERLOO, IA 87,78487.8k $4.4m $4.4m 1.73% Added +2.3k +2,331
58 COUNTRY TRUST BANK 0.11% of their portfolio Bloomington, IL 86,57786.6k $4.4m $4.4m 0.11% Reduced -9.5k -9,526
59 COMERICA BANK 0.02% of their portfolio DALLAS, TX 85,41285.4k $4.3m $4.3m 0.02% Added +7.4k +7,390
60 Financial Advocates Investment Management 0.30% of their portfolio OLYMPIA, WA 84,72384.7k $4.3m $4.3m 0.30% Reduced -8.9k -8,861
61 Etesian Wealth Advisors, Inc. 1.78% of their portfolio West Linn, OR 81,74381.7k $4.1m $4.1m 1.78% Reduced -2.7k -2,664
62 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 77,66477.7k $3.8m $3.8m 0.02% Added +11.7k +11,672
63 ABLE Financial Group, LLC 1.07% of their portfolio SCOTTSDALE, AZ 76,03076.0k $3.8m $3.8m 1.07% Added +3.8k +3,766
64 Atlas Private Wealth Advisors 0.53% of their portfolio RED BANK, NJ 75,51575.5k $3.8m $3.8m 0.53% Reduced -20.7k -20,692
65 Mariner, LLC 0.01% of their portfolio Overland Park, KS 75,03475.0k $3.8m $3.8m 0.01% Added +1.1k +1,096
66 Visionary Wealth Advisors 0.22% of their portfolio O'FALLON, IL 71,96472.0k $3.6m $3.6m 0.22% Added +2.1k +2,116
67 Elios Financial Group Inc. 1.78% of their portfolio WESTLAKE, OH 71,65871.7k $3.6m $3.6m 1.78% Added +1.9k +1,907
68 First Horizon Advisors, Inc. 0.10% of their portfolio MEMPHIS, TN 71,06671.1k $3.6m $3.6m 0.10% Reduced -11.5k -11,517
69 Landmark Wealth Management, LLC 1.54% of their portfolio MELVILLE, NY 69,15169.2k $3.5m $3.5m 1.54% Added +513 +513
70 Westside Investment Management, Inc. 0.70% of their portfolio SANTA MONICA, CA 65,25965.3k $3.3m $3.3m 0.70% Added +3.2k +3,183
71 Prospera Financial Services Inc 0.07% of their portfolio Dallas, TX 61,25061.2k $3.1m $3.1m 0.07% Reduced -10.2k -10,193
72 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 60,96861.0k $3.1m $3.1m 0.01% Reduced -18.0k -18,003
73 EdgeRock Capital LLC 2.17% of their portfolio DENVER, CO 60,38560.4k $3.0m $3.0m 2.17% Added +18.1k +18,100
74 INSPIRION WEALTH ADVISORS, LLC 0.42% of their portfolio LIBERTYVILLE, IL 60,22360.2k $3.0m $3.0m 0.42% Reduced -2.0k -2,000
75 Investment Planning Advisors, Inc. 1.18% of their portfolio CUMMING, GA 57,64657.6k $2.9m $2.9m 1.18% Added +8.9k +8,882
76 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 57,56857.6k $2.9m $2.9m 0.03% Reduced -625 -625
77 Blackhawk Capital Partners, LLC 1.47% of their portfolio THIENSVILLE, WI 56,73056.7k $2.9m $2.9m 1.47% Added +4.1k +4,115
78 SENTINEL PENSION ADVISORS, LLC 0.52% of their portfolio WAKEFIELD, MA 55,67955.7k $2.8m $2.8m 0.52% Added +5.5k +5,533
79 Waverly Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 54,92054.9k $2.8m $2.8m 0.03% New
80 Grant/GrossMendelsohn, LLC 1.51% of their portfolio Baltimore, MD 54,63754.6k $2.7m $2.7m 1.51% Added +19.5k +19,537
81 Hedeker Wealth, LLC 0.74% of their portfolio Lincolnshire, IL 54,24454.2k $2.7m $2.7m 0.74% Added +982 +982
82 Sebold Capital Management, Inc. 1.79% of their portfolio LISLE, IL 54,03354.0k $2.7m $2.7m 1.79% Added +1.8k +1,785
83 Golden State Wealth Management, LLC 0.40% of their portfolio SANTA ANA, CA 53,86053.9k $2.7m $2.7m 0.40% Reduced -15.9k -15,925
84 Rehmann Capital Advisory Group 0.17% of their portfolio LANSING, MI 52,05552.1k $2.6m $2.6m 0.17% Added +56 +56
85 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 51,70051.7k $2.6m $2.6m 0.00% Added +39.4k +39,400
86 SteelPeak Wealth, LLC 0.11% of their portfolio WOODLAND HILLS, CA 51,67851.7k $2.6m $2.6m 0.11% New
87 Main Line Retirement Advisors, LLC 1.64% of their portfolio WHITEFISH, MT 50,09450.1k $2.5m $2.5m 1.64% Added +330 +330
88 Legacy Private Trust Co. 0.17% of their portfolio NEENAH, WI 49,88649.9k $2.5m $2.5m 0.17% Reduced -54.3k -54,269
89 WealthCare Investment Partners, LLC 1.04% of their portfolio PORTSMOUTH, RI 49,52849.5k $2.4m $2.4m 1.04% Added +712 +712
90 Clearwater Capital Advisors, LLC 0.24% of their portfolio HOFFMAN ESTATES, IL 49,10649.1k $2.5m $2.5m 0.24% Added +25 +25
91 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 49,07249.1k $2.5m $2.5m 0.02% Reduced -2.6k -2,640
92 Western Wealth Management, LLC 0.16% of their portfolio GOLDEN, CO 49,05949.1k $2.5m $2.5m 0.16% Reduced -7.0k -6,974
93 HFG Wealth Management, LLC 1.48% of their portfolio The Woodlands, TX 48,03748.0k $2.5m $2.5m 1.48% Added +173 +173
94 Naviter Wealth, LLC 0.29% of their portfolio LITTLE ROCK, AR 47,61647.6k $2.4m $2.4m 0.29% Added +5.5k +5,532
95 Weitzel Financial Services, Inc. 1.15% of their portfolio DUBUQUE, IA 47,28947.3k $2.4m $2.4m 1.15% Reduced -628 -628
96 Pine Valley Investments Ltd Liability Co 0.15% of their portfolio MARLTON, NJ 46,63746.6k $2.4m $2.4m 0.15% Added +945 +945
97 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 43,98244.0k $2.2m $2.2m 0.02% Added +5.2k +5,171
98 Wiser Advisor Group LLC 3.22% of their portfolio PHOENIX, AZ 43,18643.2k $2.2m $2.2m 3.22% Reduced -14.1k -14,072
99 Keystone Financial Group 0.22% of their portfolio LEXINGTON, KY 43,11043.1k $2.2m $2.2m 0.22% Added +6.3k +6,266
100 Heck Capital Advisors, LLC 0.24% of their portfolio Rhinelander, WI 42,92542.9k $2.2m $2.2m 0.24% Added +1.9k +1,864