NewEdge Advisors LLC cut its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report) by 6.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 235,909 shares of the company’s stock after selling 16,824 shares during the quarter. NewEdge Advisors LLC owned approximately 1.19% of First Trust Municipal High Income ETF worth $11,215,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Glen Eagle Advisors LLC acquired a new position in First Trust Municipal High Income ETF during the 1st quarter worth approximately $91,000. Camelot Portfolios LLC acquired a new stake in First Trust Municipal High Income ETF in the fourth quarter valued at approximately $96,000. Parallel Advisors LLC acquired a new stake in First Trust Municipal High Income ETF in the first quarter valued at approximately $161,000. CoreCap Advisors LLC increased its holdings in shares of First Trust Municipal High Income ETF by 243.8% during the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock valued at $182,000 after acquiring an additional 2,689 shares in the last quarter. Finally, FSB Premier Wealth Management Inc. increased its holdings in shares of First Trust Municipal High Income ETF by 14.2% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 4,888 shares of the company’s stock valued at $234,000 after acquiring an additional 608 shares in the last quarter.
First Trust Municipal High Income ETF Stock Down 0.2%
Shares of NASDAQ:FMHI opened at $47.74 on Thursday. First Trust Municipal High Income ETF has a twelve month low of $45.94 and a twelve month high of $48.73. The stock’s 50 day moving average is $48.22 and its 200-day moving average is $48.13.
First Trust Municipal High Income ETF Announces Dividend
About First Trust Municipal High Income ETF
The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.
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