Vault-13

FIRST TR EXCH TRADED FD III FMHI

MUNI HI INCM ETF · ETP · CUSIP 33739P301

114 institutional holders +9 vs Q4 2022
4,705,0244.7m shares reported held*
$220.8mreported value*
17 new 50 added 35 reduced 8 sold out net bought ≈ $25.1m (+526.1k 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 ($90.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.92.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 102Q4 22: 105Q1 23: 114114Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022102
Q4 2022105
Q1 2023114

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 57 bought or addedQ4 22: 51 cut or sold outQ4 22Q1 23: 67 bought or addedQ1 23: 43 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225751
Q1 20236743

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +354,121+354.1k
Manhattan West Asset Management, LLC New +124,089+124.1k
LPL Financial LLC Added +82,437+82.4k
SlateStone Wealth, LLC New +80,818+80.8k
MORGAN STANLEY Added +55,308+55.3k
OSAIC HOLDINGS, INC. Added +53,448+53.4k
Steward Partners Investment Advisory, LLC Added +38,123+38.1k
CITIGROUP INC Added +30,152+30.2k
Triton Wealth Management, PLLC Added +28,830+28.8k
RAYMOND JAMES & ASSOCIATES Added +21,434+21.4k

Biggest sellers

JANE STREET GROUP, LLC Reduced -186,231-186.2k
Cyndeo Wealth Partners, LLC Reduced -152,694-152.7k
ROCKLAND TRUST CO Reduced -79,132-79.1k
FLOW TRADERS U.S. LLC Sold out -53,581-53.6k
AJ Advisors, LLC Reduced -35,378-35.4k
Advisory Services Network, LLC Reduced -14,838-14.8k
NewEdge Advisors, LLC Reduced -9,443-9.4k
IFP Advisors, Inc Reduced -9,363-9.4k
Walkner Condon Financial Advisors LLC Sold out -7,510-7.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -6,769-6.8k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 562,068562.1k $26.4m $26.4m 0.00% Added +354.1k +354,121
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 512,573512.6k $24.0m $24.0m 0.02% Added +82.4k +82,437
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 398,000398.0k $18.7m $18.7m 0.00% Added +55.3k +55,308
4 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 310,165310.2k $14.5m $14.5m 0.03% Added +16.3k +16,324
5 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 289,084289.1k $13.6m $13.6m 0.02% Added +30.2k +30,152
6 RFG Advisory, LLC 0.62% of their portfolio BIRMINGHAM, AL 270,941270.9k $12.7m $12.7m 0.62% Added +4.3k +4,260
7 ROCKLAND TRUST CO 0.62% of their portfolio HANOVER, MA 211,031211.0k $9.9m $9.9m 0.62% Reduced -79.1k -79,132
8 Manhattan West Asset Management, LLC 2.53% of their portfolio Los Angeles, CA 124,089124.1k $5.8m $5.8m 2.53% New
9 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 120,769120.8k $5.7m $5.7m 0.01% Added +53.4k +53,448
10 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 85,36085.4k $4.0m $4.0m 0.00% Added +21.4k +21,434
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 83,99884.0k $3.9m $3.9m 0.00% Added +13.2k +13,187
12 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 82,16482.2k $3.9m $3.9m 0.04% Reduced -692 -692
13 SlateStone Wealth, LLC 0.78% of their portfolio JUPITER, FL 80,81880.8k $3.8m $3.8m 0.78% New
14 AJ Advisors, LLC 2.49% of their portfolio NASHVILLE, TN 72,44772.4k $3.4m $3.4m 2.49% Reduced -35.4k -35,378
15 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 62,13062.1k $2.9m $2.9m 0.01% Added +20.1k +20,130
16 Financial Advocates Investment Management 0.21% of their portfolio OLYMPIA, WA 57,89257.9k $2.7m $2.7m 0.21% Added +4.5k +4,517
17 Platform Technology Partners 1.32% of their portfolio NEW YORK, NY 56,83856.8k $2.7m $2.7m 1.32% Added +273 +273
18 Atlas Private Wealth Advisors 1.23% of their portfolio RED BANK, NJ 56,64956.6k $2.7m $2.7m 1.23% Added +12.6k +12,591
19 HARBOUR INVESTMENTS, INC. 0.13% of their portfolio MADISON, WI 52,38352.4k $2.5m $2.5m 0.13% Reduced -6.4k -6,440
20 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 51,67151.7k $2.4m $2.4m 0.02% Reduced -170 -170
21 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 50,29350.3k $2.4m $2.4m 0.04% Added +38.1k +38,123
22 Advisory Resource Group 0.60% of their portfolio Tulsa, OK 45,86645.9k $2.2m $2.2m 0.60% Added +1.6k +1,596
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 41,15241.2k $1.9m $1.9m 0.00% Reduced -186.2k -186,231
24 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 41,13341.1k $2.1m $2.1m 0.09% Reduced -9.4k -9,363
25 Mutual Advisors, LLC 0.08% of their portfolio OMAHA, NE 40,70440.7k $1.9m $1.9m 0.08% Added +5.2k +5,173
26 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 35,53735.5k $1.7m $1.7m 0.00% Reduced -6.8k -6,769
27 Triton Wealth Management, PLLC 0.95% of their portfolio SUN CITY, AZ 33,22633.2k $1.6m $1.6m 0.95% Added +28.8k +28,830
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 28,49628.5k $1.3m $1.3m 0.00% Reduced -174 -174
29 FLAGSTAR SECURITIES, INC 0.46% of their portfolio New York, NY 27,17827.2k $1.3m $1.3m 0.46% Added +197 +197
30 Atlas Private Wealth Management, LLC 0.73% of their portfolio ALBANY, NY 25,91925.9k $1.2m $1.2m 0.73% Reduced -141 -141
31 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 23,06623.1k $1.1m $1.1m 0.00% Reduced -2.5k -2,510
32 Capital Investment Advisory Services, LLC 0.12% of their portfolio RALEIGH, NC 21,60021.6k $1.0m $1.0m 0.12% Added +175 +175
33 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 21,48421.5k $1.0m $1.0m 0.01% Reduced -4.7k -4,666
34 Quantitative Advantage, LLC 0.15% of their portfolio MINNETONKA, MN 21,47621.5k $1.0m $1.0m 0.15% Added +5.7k +5,708
35 Gladstone Institutional Advisory LLC 0.06% of their portfolio Bedminster, NJ 21,26621.3k $997.2k $997.2k 0.06% Reduced -1.5k -1,519
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 20,95421.0k $982.5k $982.5k 0.00% New
37 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 20,44120.4k $958.5k $958.5k 0.04% Added +5.2k +5,218
38 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 20,05020.1k $940.2k $940.2k 0.01% Reduced -1.8k -1,814
39 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 19,84519.8k $931.0k $931.0k 0.00% Reduced -6.0k -6,025
40 High Net Worth Advisory Group LLC 0.34% of their portfolio NAPLES, FL 17,79517.8k $834.4k $834.4k 0.34% Unchanged
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,78917.8k $834.1k $834.1k 0.00% Added +8.8k +8,832
42 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 17,63217.6k $826.8k $826.8k 0.01% Added +6.8k +6,753
43 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 17,63217.6k $826.8k $826.8k 0.01% Added +11.7k +11,685
44 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,52317.5k $822.0k $822.0k 0.00% Reduced -977 -977
45 Socha Financial Group, LLC 0.53% of their portfolio CORNING, NY 17,40017.4k $815.9k $815.9k 0.53% Added +488 +488
46 Cyndeo Wealth Partners, LLC 0.09% of their portfolio ST. PETERSBURG, FL 17,34217.3k $813.2k $813.2k 0.09% Reduced -152.7k -152,694
47 Clearwater Capital Advisors, LLC 0.10% of their portfolio HOFFMAN ESTATES, IL 17,11517.1k $802.5k $802.5k 0.10% Reduced -3.3k -3,320
48 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 16,98117.0k $796.3k $796.3k 0.02% Reduced -1.8k -1,766
49 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 16,09616.1k $754.7k $754.7k 0.04% Reduced -3.2k -3,234
50 Boyd Wealth Management, LLC 0.52% of their portfolio SACRAMENTO, CA 16,05216.1k $752.7k $752.7k 0.52% New
51 ShoreHaven Wealth Partners, LLC 0.52% of their portfolio Red Bank, NJ 15,89915.9k $745.5k $745.5k 0.52% New
52 WCG Wealth Advisors LLC 0.08% of their portfolio LAS VEGAS, NV 13,86413.9k $650.0k $650.0k 0.08% Reduced -671 -671
53 ARBOR CAPITAL MANAGEMENT INC /ADV 0.53% of their portfolio ANCHORAGE, AK 13,83913.8k $654.7k $654.7k 0.53% Added +494 +494
54 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 13,36313.4k $626.6k $626.6k 0.00% Reduced -4.5k -4,518
55 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 12,61612.6k $591.6k $591.6k 0.01% Added +1.2k +1,196
56 Stratos Wealth Advisors, LLC 0.05% of their portfolio BEACHWOOD, OH 12,50112.5k $586.2k $586.2k 0.05% New
57 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 12,45812.5k $584.2k $584.2k 0.02% Reduced -5.9k -5,914
58 Landmark Wealth Management, LLC 0.31% of their portfolio MELVILLE, NY 11,77611.8k $552.0k $552.0k 0.31% Added +1.2k +1,174
59 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 11,09511.1k $520.2k $520.2k 0.01% Added +495 +495
60 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 10,79010.8k $505.9k $505.9k 0.00% Added +1.7k +1,711
61 Crumly & Associates Inc. 0.22% of their portfolio SPRINGFIELD, IL 10,77810.8k $505.4k $505.4k 0.22% New
62 Hedeker Wealth, LLC 0.18% of their portfolio Lincolnshire, IL 10,66410.7k $500.0k $500.0k 0.18% Added +5.0k +4,995
63 IFG Advisory, LLC 0.05% of their portfolio ATLANTA, GA 10,54510.5k $494.5k $494.5k 0.05% Added +589 +589
64 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 10,47010.5k $490.9k $490.9k 0.01% Reduced -9.4k -9,443
65 Insight Wealth Strategies, LLC 0.10% of their portfolio SAN RAMON, CA 10,41110.4k $488.2k $488.2k 0.10% Added +1.1k +1,116
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,08210.1k $472.8k $472.8k 0.00% Added +9.4k +9,386
67 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,00110.0k $469.0k $469.0k 0.00% Unchanged
68 COUNTRY TRUST BANK 0.01% of their portfolio Bloomington, IL 9,4799.5k $444.5k $444.5k 0.01% Added +3.9k +3,854
69 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 9,3559.4k $438.7k $438.7k 0.01% Reduced -1.7k -1,669
70 MRA Advisory Group 0.29% of their portfolio PARSIPPANY, NJ 8,6238.6k $404.3k $404.3k 0.29% Added +3.8k +3,797
71 DHJJ Financial Advisors, Ltd. 0.22% of their portfolio NAPERVILLE, IL 8,5688.6k $401.8k $401.8k 0.22% Added +42 +42
72 BENJAMIN F. EDWARDS & COMPANY, INC. 0.02% of their portfolio ST. LOUIS, MO 8,1258.1k $381.0k $381.0k 0.02% Added +3.3k +3,275
73 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 7,7707.8k $364.7k $364.7k 0.02% Added +1.1k +1,085
74 Blue Chip Partners, LLC 0.04% of their portfolio FARMINGTON HILLS, MI 7,7087.7k $361.4k $361.4k 0.04% New
75 G&S Capital LLC 0.16% of their portfolio DENVER, CO 7,6807.7k $360.1k $360.1k 0.16% Added +119 +119
76 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 7,5027.5k $351.7k $351.7k 0.02% Unchanged
77 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 7,4517.5k $349.4k $349.4k 0.00% Added +2.7k +2,706
78 Genesee Capital Advisors, LLC 0.24% of their portfolio AUBURN, NY 7,1247.1k $334.0k $334.0k 0.24% Added +69 +69
79 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,1147.1k $333.6k $333.6k 0.00% Added +18 +18
80 WADDELL & ASSOCIATES, LLC 0.05% of their portfolio MEMPHIS, TN 6,8106.8k $319.3k $319.3k 0.05% Reduced -350 -350
81 Ignite Planners, LLC 0.13% of their portfolio SAN CLEMENTE, CA 6,5976.6k $312.1k $312.1k 0.13% Unchanged
82 Stephens Consulting, LLC 0.19% of their portfolio FLINT, MI 6,5716.6k $308.1k $308.1k 0.19% New
83 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 6,4816.5k $303.9k $303.9k 0.01% Reduced -500 -500
84 Csenge Advisory Group 0.02% of their portfolio CLEARWATER, FL 6,2126.2k $291.3k $291.3k 0.02% Added +145 +145
85 Chicago Partners Investment Group LLC 0.02% of their portfolio CHICAGO, IL 6,1176.1k $285.8k $285.8k 0.02% Added +11 +11
86 KCS Wealth Advisory 0.11% of their portfolio LOS ANGELES, CA 6,1136.1k $286.6k $286.6k 0.11% Reduced -1.1k -1,084
87 First Heartland Consultants, Inc. 0.04% of their portfolio LAKE ST. LOUIS, MO 6,1086.1k $286.4k $286.4k 0.04% Reduced -175 -175
88 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 5,9315.9k $278.1k $278.1k 0.02% Reduced -1.7k -1,730
89 Financial Partners Group, Inc 0.06% of their portfolio Overland Park, KS 5,7715.8k $270.6k $270.6k 0.06% Added +357 +357
90 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 5,6685.7k $265.8k $265.8k 0.02% Added +1.3k +1,251
91 Kowal Investment Group, LLC 0.07% of their portfolio BROOKFIELD, WI 5,5045.5k $258.1k $258.1k 0.07% New
92 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 5,3755.4k $252.0k $252.0k 0.00% Reduced -1.3k -1,279
93 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 5,3555.4k $251.1k $251.1k 0.03% Added +670 +670
94 FSB PREMIER WEALTH MANAGEMENT, INC. 0.14% of their portfolio WATERLOO, IA 5,2935.3k $248.2k $248.2k 0.14% New
95 Altus Wealth Group LLC 0.16% of their portfolio COLORADO SPRINGS, CO 5,0995.1k $239.1k $239.1k 0.16% New
96 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 4,8314.8k $226.5k $226.5k 0.02% Reduced -506 -506
97 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 4,4084.4k $206.7k $206.7k 0.01% New
98 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 4,1624.2k $195.2k $195.2k 0.01% Reduced -14.8k -14,838
99 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,1122.1k $99.0k $99.0k 0.01% Added +204 +204
100 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 1,9151.9k $90.0k $90.0k 0.02% Unchanged