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
InstitutionLarson Financial Group LLC
Latest Disclosed Ownership10,960 shares
Latest Disclosed Value $ 555,221
Larson Financial Group LLC reports 16.04% decrease in ownership of FMB / First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF

On May 15, 2026 - Larson Financial Group LLC filed a 13F-HR form disclosing ownership of 10,960 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF (US:FMB) valued at $555,234 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 13,054 shares of First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF. This represents a change in shares of -16.04% during the quarter. The current value of the position is $561,810 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)
2026-05-15 2026-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 10,960 -2,094 -16.04 555 -16.79 0.0166
2026-02-06 2025-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 13,054 -1,442 -9.95 667 -9.13 0.0222
2025-11-14 2025-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 14,496 -5,162 -26.26 735 -25.03 0.0257
2025-08-08 2025-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 19,658 -297,545 -93.80 979 -93.88 0.0392
2025-05-02 2025-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 317,203 41,154 14.91 15,994 13.59 0.7578
2025-02-07 2024-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 276,049 85,293 44.71 14,081 42.07 0.7278
2024-11-12 2024-09-30 13F FIRST TR EXCHANGE-TRADED FD MANAGD MUN ETF 33739N108 190,756 39,105 25.79 9,912 28.00 0.5621
2024-08-02 2024-06-30 13F FIRST TR EXCHANGE-TRADED FD MANAGD MUN ETF 33739N108 151,651 101,412 201.86 7,743 200.12 0.5279
2024-05-03 2024-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 50,239 25,768 105.30 2,580 104.11 0.1993
2024-02-01 2023-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 24,471 1,917 8.50 1,264 14.70 0.1105
2023-11-03 2023-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 22,554 -1,138 -4.80 1,102 -8.17 0.1084
2023-08-03 2023-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 23,692 -1,926 -7.52 1,201 -7.98 0.1200
2023-05-04 2023-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 25,618 -1,419 -5.25 1,305 -3.69 0.1418
2023-02-03 2022-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 27,037 -3,403 -11.18 1,355 -8.70 0.1622
2022-11-03 2022-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 30,440 26 0.09 1,483 -3.64 0.2109
2022-08-04 2022-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 30,414 2,672 9.63 1,539 4.55 0.2662
2022-05-05 2022-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 27,742 -1,159 -4.01 1,472 -10.63 0.2351
2022-02-03 2021-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 28,901 3,407 13.36 1,647 13.74 0.2613
2021-11-04 2021-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 25,494 9,321 57.63 1,448 56.37 0.2873
2021-08-10 2021-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 16,173 3,531 27.93 926 29.87 0.2151
2021-05-06 2021-03-31 13F/A-1 FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 12,642 2,145 20.43 713 19.83 0.2100
2021-04-08 2021-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 10,497 0 595 0.2025
2021-01-14 2020-12-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 10,497 5,618 115.15 595 119.56 0.2024
2020-10-08 2020-09-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 4,879 -6,973 -58.83 271 -58.44 0.1113
2020-07-10 2020-06-30 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 11,852 3,013 34.09 652 36.40 0.3099
2020-04-09 2020-03-31 13F FIRST TR EXCH TRADED FD III MANAGD MUN ETF 33739N108 8,839 -3,962 -30.95 478 -32.77 0.2990
2020-01-10 2019-12-31 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 12,801 3,131 32.38 711 32.40 0.4092
2019-10-11 2019-09-30 13F FIRST TR EXCHANG TRADED FD I MANAGD MUN ETF 33739N108 9,670 9,670 537 0.3509
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.