First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
US ˙ NasdaqGM ˙ US33739N1081

SecurityFMB / First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
InstitutionAvestar Capital, LLC
Latest Disclosed Ownership12,996 shares
Latest Disclosed Value $ 658,377
Avestar Capital, LLC reports 168.01% increase in ownership of FMB / First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF

On May 13, 2026 - Avestar Capital, LLC filed a 13F-HR form disclosing ownership of 12,996 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF (US:FMB) valued at $658,377 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 4,849 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF. This represents a change in shares of 168.01% during the quarter. The current value of the position is $666,175 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 12,996 8,147 168.01 658 166.40 0.0423
2026-02-10 2025-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 4,849 4,849 248 0.0161
2024-05-10 2024-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 0 -24,870 -100.00 0 -100.00
2024-02-12 2023-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 24,870 3,738 17.69 1,285 24.42 0.1456
2023-10-20 2023-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 21,132 3,389 19.10 1,033 14.79 0.1469
2023-08-02 2023-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 17,743 -929 -4.98 899 -5.47 0.1441
2023-04-20 2023-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 18,672 873 4.90 951 6.73 0.1697
2023-01-20 2022-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 17,799 -4,307 -19.48 892 -17.27 0.1614
2022-10-26 2022-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 22,106 -3,977 -15.25 1,077 -18.41 0.2745
2022-07-28 2022-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 26,083 -33,464 -56.20 1,320 -58.24 0.3250
2022-04-26 2022-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 59,547 -15,327 -20.47 3,161 -25.95 0.5045
2022-02-01 2021-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 74,874 162 0.22 4,269 0.64 0.5220
2021-11-09 2021-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 74,712 4,423 6.29 4,242 5.37 0.5424
2021-08-03 2021-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 70,289 16,097 29.70 4,026 30.42 0.5396
2021-05-03 2021-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 54,192 18,985 53.92 3,087 54.58 0.6887
2021-02-01 2020-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 35,207 -4,227 -10.72 1,997 -8.52 0.5544
2020-10-29 2020-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 39,434 -9,519 -19.45 2,183 -18.94 0.7197
2020-07-29 2020-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 48,953 1,764 3.74 2,693 5.53 1.1900
2020-05-12 2020-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 47,189 11,048 30.57 2,552 27.15 1.3941
2020-02-14 2019-12-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 36,141 -2,251 -5.86 2,007 -5.91 1.1336
2019-11-15 2019-09-30 13F/A-1 FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 38,392 -1,556 -3.90 2,133 -1.80 1.3261
2019-11-14 2019-09-30 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 38,392 -1,556 2,133 1.3261
2019-08-06 2019-06-30 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 39,948 4,825 13.74 2,172 15.84 1.3764
2019-05-09 2019-03-31 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 35,123 2,281 6.95 1,875 9.65 1.2314
2019-01-25 2018-12-31 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 32,842 -9,732 -22.86 1,710 -22.31 1.1682
2018-10-23 2018-09-30 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 42,574 4,596 12.10 2,201 11.27 1.2726
2018-08-10 2018-06-30 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 37,978 -3,662 -8.79 1,978 -8.89 1.2506
2018-05-10 2018-03-31 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 41,640 10,371 33.17 2,171 29.77 1.4114
2018-02-14 2017-12-31 13F FIRST TR EXCHANGE TRADED FD III MANAGED MUN ETF MANAGD MUN ETF 33739N108 31,269 31,269 1,673 1.2501
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.