Vault-13

FIRST TR EXCH TRADED FD III FMHI

MUNI HI INCM ETF · ETP · CUSIP 33739P301

191 institutional holders +9 vs Q1 2026
15,177,89015.2m shares reported held*
$735.8mreported value*
22 new 83 added 58 reduced 14 sold out net bought ≈ $64.7m (+1.3m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.48.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 102Q4 22: 105Q1 23: 114Q2 23: 119Q3 23: 122Q4 23: 143Q1 24: 134Q2 24: 154Q3 24: 159Q4 24: 177Q1 25: 172Q2 25: 178Q3 25: 167Q4 25: 178Q1 26: 182Q2 26: 191191Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022102
Q4 2022105
Q1 2023114
Q2 2023119
Q3 2023122
Q4 2023143
Q1 2024134
Q2 2024154
Q3 2024159
Q4 2024177
Q1 2025172
Q2 2025178
Q3 2025167
Q4 2025178
Q1 2026182
Q2 2026191

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 96 bought or addedQ3 24: 51 cut or sold outQ4 24: 107 bought or addedQ4 24: 52 cut or sold outQ4 24Q1 25: 82 bought or addedQ1 25: 73 cut or sold outQ2 25: 75 bought or addedQ2 25: 87 cut or sold outQ2 25Q3 25: 87 bought or addedQ3 25: 74 cut or sold outQ4 25: 99 bought or addedQ4 25: 61 cut or sold outQ4 25Q1 26: 97 bought or addedQ1 26: 67 cut or sold outQ2 26: 105 bought or addedQ2 26: 72 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20249651
Q4 202410752
Q1 20258273
Q2 20257587
Q3 20258774
Q4 20259961
Q1 20269767
Q2 202610572

Biggest buyers

Vise Technologies, Inc. Added +281,221+281.2k
Cambridge Investment Research Advisors, Inc. Added +209,405+209.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +172,925+172.9k
JANE STREET GROUP, LLC Added +124,125+124.1k
Financial Partners Group, Inc Added +117,506+117.5k
ROYAL BANK OF CANADA Added +78,037+78.0k
WELLS FARGO & COMPANY/MN Added +69,546+69.5k
LPL Financial LLC Added +64,252+64.3k
AJ Advisors, LLC New +62,460+62.5k
OSAIC HOLDINGS, INC. Added +49,648+49.6k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -116,891-116.9k
ASHTON THOMAS SECURITIES, LLC Reduced -62,638-62.6k
Summit Financial, LLC Reduced -61,940-61.9k
CITIGROUP INC Reduced -48,366-48.4k
Crumly & Associates Inc. Reduced -48,335-48.3k
DAYMARK WEALTH PARTNERS, LLC Sold out -46,464-46.5k
Evergreen Private Wealth LLC Sold out -40,205-40.2k
FLOW TRADERS U.S. LLC Sold out -34,574-34.6k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -29,787-29.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -17,939-17.9k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 1,503,7521.5m $72.7m $72.7m 0.12% Added +172.9k +172,925
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,407,5551.4m $68.3m $68.3m 0.00% Reduced -8.7k -8,650
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,179,4221.2m $57.2m $57.2m 0.01% Added +69.5k +69,546
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,164,5581.2m $56.5m $56.5m 0.01% Added +64.3k +64,252
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 798,191798.2k $38.7m $38.7m 0.00% Reduced -729 -729
6 Meeder Advisory Services, Inc. 1.02% of their portfolio DUBLIN, OH 572,777572.8k $27.8m $27.8m 1.02% Added +30.5k +30,546
7 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 401,181401.2k $19.5m $19.5m 0.02% Added +42.0k +42,039
8 Vise Technologies, Inc. 0.22% of their portfolio NEW YORK, NY 398,018398.0k $19.3m $19.3m 0.22% Added +281.2k +281,221
9 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 380,600380.6k $18.5m $18.5m 0.02% Added +209.4k +209,405
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 376,746376.7k $18.3m $18.3m 0.00% Added +44.6k +44,629
11 Financial Partners Group, Inc 1.75% of their portfolio Overland Park, KS 355,392355.4k $17.2m $17.2m 1.75% Added +117.5k +117,506
12 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 345,764345.8k $16.8m $16.8m 0.01% Reduced -48.4k -48,366
13 SlateStone Wealth, LLC 1.26% of their portfolio JUPITER, FL 339,168339.2k $16.4m $16.4m 1.26% Reduced -6.5k -6,514
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 306,655306.7k $14.9m $14.9m 0.00% Reduced -3.8k -3,755
15 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 296,778296.8k $14.4m $14.4m 0.04% Added +27.6k +27,555
16 Manhattan West Asset Management, LLC 2.18% of their portfolio Los Angeles, CA 269,771269.8k $13.1m $13.1m 2.18% Added +41.8k +41,789
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 250,956251.0k $12.2m $12.2m 0.01% Added +49.6k +49,648
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 223,575223.6k $10.9m $10.9m 0.00% Added +33.7k +33,733
19 Principle Wealth Partners LLC 0.53% of their portfolio MADISON, CT 222,961223.0k $10.8m $10.8m 0.53% Reduced -1.8k -1,796
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 213,508213.5k $10.4m $10.4m 0.00% Added +78.0k +78,037
21 EnRich Financial Partners LLC 2.16% of their portfolio MADISON, WI 187,384187.4k $9.1m $9.1m 2.16% Added +8.4k +8,404
22 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 183,026183.0k $8.9m $8.9m 0.01% Added +124.1k +124,125
23 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 144,709144.7k $7.0m $7.0m 0.01% Added +6.0k +6,014
24 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 136,772136.8k $6.6m $6.6m 0.01% Added +6.5k +6,546
25 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 118,821118.8k $5.8m $5.8m 0.01% Added +19.7k +19,719
26 Ocean Park Asset Management, LLC 0.27% of their portfolio SANTA MONICA, CA 116,300116.3k $5.6m $5.6m 0.27% Unchanged
27 VAQUERO PRIVATE WEALTH, LTD 1.01% of their portfolio DALLAS, TX 101,674101.7k $4.9m $4.9m 1.01% First filing
28 Plan Group Financial, LLC 1.02% of their portfolio OKLAHOMA CITY, OK 101,321101.3k $4.9m $4.9m 1.02% Added +5.7k +5,669
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 93,32293.3k $4.5m $4.5m 0.00% Added +8.6k +8,621
30 Cyndeo Wealth Partners, LLC 0.21% of their portfolio ST. PETERSBURG, FL 92,00092.0k $4.5m $4.5m 0.21% Unchanged
31 ASHTON THOMAS SECURITIES, LLC 0.60% of their portfolio ROCHESTER, NY 83,66283.7k $4.1m $4.1m 0.60% Reduced -62.6k -62,638
32 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 83,31983.3k $4.0m $4.0m 0.01% Added +26.7k +26,739
33 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio ORLANDO, FL 77,91777.9k $3.8m $3.8m 0.23% Added +12.4k +12,390
34 MBL Wealth, LLC 0.26% of their portfolio CHARLOTTE, NC 77,60577.6k $3.8m $3.8m 0.26% Reduced -905 -905
35 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 74,89974.9k $3.6m $3.6m 0.02% Reduced -14.6k -14,551
36 Cornerstone Wealth Management, LLC 0.15% of their portfolio ST. PETERS, MO 73,43873.4k $3.6m $3.6m 0.15% Reduced -4.7k -4,666
37 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 71,45571.5k $3.5m $3.5m 0.02% Reduced -2.6k -2,608
38 AJ Advisors, LLC 0.94% of their portfolio NASHVILLE, TN 62,46062.5k $3.0m $3.0m 0.94% New
39 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 57,28757.3k $2.8m $2.8m 0.02% Added +7.6k +7,640
40 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 56,27556.3k $2.7m $2.7m 0.00% Reduced -4.0k -4,030
41 Atlas Private Wealth Advisors 0.60% of their portfolio RED BANK, NJ 56,09156.1k $2.7m $2.7m 0.60% Reduced -5.8k -5,829
42 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 54,03954.0k $2.6m $2.6m 0.04% Added +11.3k +11,299
43 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 54,01354.0k $2.6m $2.6m 0.03% Added +2.8k +2,755
44 FIRST HORIZON CORP 0.09% of their portfolio MEMPHIS, TN 49,50049.5k $2.4m $2.4m 0.09% Unchanged
45 Logan Stone Capital, LLC 0.51% of their portfolio CHICAGO, IL 49,29349.3k $2.4m $2.4m 0.51% New
46 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 46,51746.5k $2.3m $2.3m 0.00% New
47 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 45,27245.3k $2.2m $2.2m 0.01% Reduced -5.2k -5,245
48 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 41,24141.2k $2.0m $2.0m 0.01% Added +10.4k +10,375
49 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 41,15341.2k $2.0m $2.0m 0.04% Added +4.8k +4,840
50 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 40,39340.4k $2.0m $2.0m 0.01% Added +19.0k +18,973
51 CAPITAL FINANCIAL GROUP INC\CO\ /ADV 1.00% of their portfolio LITTLETON, CO 39,44139.4k $1.9m $1.9m 1.00% Added +866 +866
52 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 37,33837.3k $1.8m $1.8m 0.03% Added +827 +827
53 Vestmark Advisory Solutions, Inc. 0.02% of their portfolio Wakefield, MA 36,75836.8k $1.8m $1.8m 0.02% Reduced -497 -497
54 ELEVATION POINT WEALTH PARTNERS, LLC 0.03% of their portfolio DENVER, CO 36,75836.8k $1.8m $1.8m 0.03% Reduced -497 -497
55 Avior Wealth Management, LLC 0.05% of their portfolio OMAHA, NE 36,75636.8k $1.8m $1.8m 0.05% Reduced -14.9k -14,908
56 ROCKLAND TRUST CO 0.07% of their portfolio HANOVER, MA 35,29635.3k $1.7m $1.7m 0.07% Reduced -521 -521
57 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 33,98434.0k $1.6m $1.6m 0.01% Added +18.0k +18,020
58 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 33,50333.5k $1.6m $1.6m 0.00% New
59 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 33,49933.5k $1.6m $1.6m 0.00% Added +8.4k +8,362
60 ShoreHaven Wealth Partners, LLC 0.51% of their portfolio Red Bank, NJ 33,44233.4k $1.6m $1.6m 0.51% Reduced -645 -645
61 Main Street Financial Solutions, LLC 0.10% of their portfolio NEWTOWN, PA 31,67731.7k $1.5m $1.5m 0.10% Added +1.0k +1,043
62 Spartan Wealth Advisory Services LLC 0.13% of their portfolio BINGHAM FARMS, MI 31,59731.6k $1.5m $1.5m 0.13% Reduced -2.2k -2,160
63 Stonebridge Financial Planning Group, LLC 0.47% of their portfolio ORLANDO, FL 30,12830.1k $1.5m $1.5m 0.47% Added +12.5k +12,464
64 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 29,61129.6k $1.4m $1.4m 0.02% Reduced -150 -150
65 Boyce & Associates Wealth Consulting, Inc. 0.98% of their portfolio CEDAR PARK, TX 29,17729.2k $1.4m $1.4m 0.98% Reduced -700 -700
66 Curran Financial Partners, LLC 0.20% of their portfolio DANIEL ISLAND, SC 28,20728.2k $1.4m $1.4m 0.20% Added +11.9k +11,944
67 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 27,64227.6k $1.3m $1.3m 0.01% Added +2.8k +2,799
68 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 27,28227.3k $1.3m $1.3m 0.01% Added +1.7k +1,695
69 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 27,27127.3k $1.3m $1.3m 0.02% Added +1.8k +1,848
70 Hobart Private Capital, LLC 0.22% of their portfolio CHARLOTTE, NC 26,83426.8k $1.3m $1.3m 0.22% Added +5.6k +5,609
71 GSG Advisors LLC 0.28% of their portfolio MOUNT LAUREL, NJ 26,57426.6k $1.3m $1.3m 0.28% Reduced -1.0k -1,014
72 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 26,28126.3k $1.3m $1.3m 0.02% Added +18.1k +18,064
73 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 25,63725.6k $1.2m $1.2m 0.03% New
74 Signal Advisors Wealth, LLC 0.06% of their portfolio DETROIT, MI 25,39225.4k $1.2m $1.2m 0.06% Unchanged
75 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 25,09825.1k $1.2m $1.2m 0.01% Reduced -7.6k -7,580
76 Traction Financial Partners, LLC 0.65% of their portfolio LITTLETON, CO 25,07925.1k $1.2m $1.2m 0.65% Added +2.2k +2,214
77 Triton Wealth Management, PLLC 0.35% of their portfolio SUN CITY, AZ 23,31723.3k $1.1m $1.1m 0.35% Reduced -75 -75
78 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 23,17423.2k $1.1m $1.1m 0.02% Added +9.7k +9,658
79 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 22,92622.9k $1.1m $1.1m 0.02% Reduced -29.8k -29,787
80 High Net Worth Advisory Group LLC 0.23% of their portfolio NAPLES, FL 22,48822.5k $1.1m $1.1m 0.23% Added +89 +89
81 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 22,26722.3k $1.1m $1.1m 0.00% Added +5.5k +5,451
82 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 21,32721.3k $1.0m $1.0m 0.01% Added +10.4k +10,430
83 Crumly & Associates Inc. 0.19% of their portfolio SPRINGFIELD, IL 20,53620.5k $995.8k $995.8k 0.19% Reduced -48.3k -48,335
84 Platform Technology Partners 0.15% of their portfolio NEW YORK, NY 19,17219.2k $929.6k $929.6k 0.15% Added +106 +106
85 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 18,69518.7k $906.5k $906.5k 0.04% Reduced -465 -465
86 Boyd Wealth Management, LLC 0.34% of their portfolio SACRAMENTO, CA 18,47318.5k $895.8k $895.8k 0.34% Added +1.3k +1,271
87 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 17,92317.9k $869.1k $869.1k 0.03% Added +90 +90
88 IFG Advisory, LLC 0.03% of their portfolio ATLANTA, GA 17,89717.9k $867.8k $867.8k 0.03% New
89 SEAMOUNT FINANCIAL GROUP INC 0.34% of their portfolio COLORADO SPRINGS, CO 17,38117.4k $842.8k $842.8k 0.34% Reduced -1.5k -1,482
90 Capital Investment Advisory Services, LLC 0.05% of their portfolio RALEIGH, NC 16,94316.9k $821.5k $821.5k 0.05% Added +141 +141
91 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 16,44016.4k $797.2k $797.2k 0.01% Reduced -61.9k -61,940
92 Milestones Private Investment Advisors LLC 0.61% of their portfolio FAIRPORT, NY 15,71415.7k $762.0k $762.0k 0.61% Reduced -60 -60
93 Investors Portfolio Services LLC 0.56% of their portfolio PUYALLUP, WA 15,17515.2k $735.8k $735.8k 0.56% Reduced -188 -188
94 Summit Wealth Partners, LLC 0.10% of their portfolio Orlando, FL 15,02015.0k $728.3k $728.3k 0.10% Added +619 +619
95 COUNTRY TRUST BANK 0.01% of their portfolio Bloomington, IL 14,95415.0k $725.1k $725.1k 0.01% Reduced -20 -20
96 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 14,70814.7k $713.2k $713.2k 0.00% Reduced -1.9k -1,856
97 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,24114.2k $690.6k $690.6k 0.00% Reduced -1.3k -1,321
98 WealthCare Investment Partners, LLC 0.16% of their portfolio PORTSMOUTH, RI 13,60513.6k $659.7k $659.7k 0.16% Reduced -1.2k -1,167
99 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 13,54813.5k $656.9k $656.9k 0.03% Added +2 +2
100 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 13,35913.4k $647.0k $647.0k 0.00% Added +2.8k +2,813