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
InstitutionGM Advisory Group, Inc.
Latest Disclosed Ownership240,580 shares
Latest Disclosed Value $ 12,187,759
GM Advisory Group, Inc. reports 1.76% decrease in ownership of FMB / First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF

On April 28, 2026 - GM Advisory Group, Inc. filed a 13F-HR form disclosing ownership of 240,580 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF (US:FMB) valued at $12,187,783 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 244,899 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF. This represents a change in shares of -1.76% during the quarter. The current value of the position is $12,332,131 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)
2026-04-28 2026-03-31 13F First TR Exchange Traded FD III Managed Mun ETF ETF 33739N108 240,580 -4,319 -1.76 12,188 -2.68 0.4507
2026-02-13 2025-12-31 13F First TR Exchange Traded FD III Managed Mun ETF ETF 33739N108 244,899 26,407 12.09 12,523 13.05
2025-11-19 2025-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 218,492 6,492 3.06 11,078 4.89 0.4710
2025-08-13 2025-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 212,000 1,472 0.70 10,562 -0.51 0.5220
2025-05-14 2025-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 210,528 12,778 6.46 10,615 5.23 0.5732
2025-02-11 2024-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 197,750 -1,122 -0.56 10,087 -2.38 0.5583
2024-11-12 2024-09-30 13F FIRST TR EXCHANGE-TRADED FD MANAGD MUN ETF 33739N108 198,872 33,240 20.07 10,333 22.18 0.6193
2024-08-12 2024-06-30 13F FIRST TR EXCHANGE-TRADED FD MANAGD MUN ETF 33739N108 165,632 29,187 21.39 8,457 20.69 0.5457
2024-05-09 2024-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 136,445 3,125 2.34 7,008 1.74 0.4914
2024-02-12 2023-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 133,320 8,790 7.06 6,888 13.14 0.5202
2023-11-14 2023-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 124,530 9,363 8.13 6,087 4.30 0.4974
2023-08-14 2023-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 115,167 5,589 5.10 5,837 4.57 0.4831
2023-05-12 2023-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 109,578 23,317 27.03 5,581 29.13 0.5083
2023-02-13 2022-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 86,261 86,261 4,323 0.4611
2022-11-14 2022-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 0 -317,159 -100.00 0 -100.00
2022-08-15 2022-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 317,159 -18,028 -5.38 16,051 -9.75 2.5036
2022-05-13 2022-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 335,187 32,252 10.65 17,785 3.04 2.1155
2022-02-10 2021-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 302,935 67,932 28.91 17,261 29.36 1.5375
2021-11-12 2021-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 235,003 21,790 10.22 13,343 9.25 1.3455
2021-08-16 2021-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 213,213 2,119 1.00 12,213 2.53 1.2528
2021-05-13 2021-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 211,094 8,941 4.42 11,912 3.87 1.4289
2021-02-12 2020-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 202,153 16,148 8.68 11,468 10.88 1.5361
2020-11-12 2020-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 186,005 38,946 26.48 10,343 27.85 1.5823
2020-08-13 2020-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 147,059 18,508 14.40 8,090 16.39 1.4962
2020-05-13 2020-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 128,551 -1,971 -1.51 6,951 -4.12 1.8928
2020-02-14 2019-12-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 130,522 10,566 8.81 7,250 8.78 2.2445
2019-11-14 2019-09-30 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 119,956 16,549 16.00 6,665 17.67 2.0727
2019-08-09 2019-06-30 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 103,407 22,483 27.78 5,664 29.97 1.7796
2019-05-14 2019-03-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 80,924 23,074 39.89 4,358 43.17 1.4323
2019-02-13 2018-12-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 57,850 -200 -0.34 3,044 0.40 1.1327
2018-11-13 2018-09-30 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 58,050 47,580 454.44 3,032 450.27 0.9503
2018-08-14 2018-06-30 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 10,470 6,300 151.08 551 151.60 0.1636
2018-05-14 2018-03-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 4,170 4,170 219 0.0661
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.