First Trust Municipal High Income ETF (NASDAQ:FMHI) Hits New 1-Year Low – Here’s What Happened

Posted by Stanley Muller on Sep 23rd, 2026

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $46.00 and last traded at $45.99, with a volume of 22189 shares. The stock had previously closed at $46.20.

First Trust Municipal High Income ETF Price Performance

The stock has a fifty day moving average price of $47.32 and a two-hundred day moving average price of $47.83.

First Trust Municipal High Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a dividend of $0.178 per share. The ex-dividend date was Friday, August 21st. This is a positive change from First Trust Municipal High Income ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 4.7%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FMHI. Integrated Wealth Concepts LLC grew its position in shares of First Trust Municipal High Income ETF by 6.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 32,915 shares of the company’s stock valued at $1,596,000 after buying an additional 2,049 shares during the last quarter. RFG Advisory LLC boosted its stake in First Trust Municipal High Income ETF by 26.4% in the second quarter. RFG Advisory LLC now owns 54,039 shares of the company’s stock valued at $2,620,000 after acquiring an additional 11,299 shares during the period. NewEdge Advisors LLC boosted its stake in First Trust Municipal High Income ETF by 10.2% in the second quarter. NewEdge Advisors LLC now owns 296,778 shares of the company’s stock valued at $14,391,000 after acquiring an additional 27,555 shares during the period. Hedeker Wealth LLC boosted its stake in First Trust Municipal High Income ETF by 5.6% in the second quarter. Hedeker Wealth LLC now owns 10,518 shares of the company’s stock valued at $510,000 after acquiring an additional 558 shares during the period. Finally, IFP Advisors Inc grew its holdings in shares of First Trust Municipal High Income ETF by 13.3% during the second quarter. IFP Advisors Inc now owns 41,153 shares of the company’s stock valued at $1,996,000 after purchasing an additional 4,840 shares during the last quarter.

About First Trust Municipal High Income ETF

(Get Free Report)

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.