First Trust Municipal High Income ETF (NASDAQ:FMHI) Sees Strong Trading Volume – Here’s What Happened

Posted by Brian Himes on Oct 6th, 2026

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) saw strong trading volume on Tuesday. 443,955 shares were traded during trading, an increase of 235% from the previous session’s volume of 132,692 shares. The stock last traded at $44.8170 and had previously closed at $44.90.

First Trust Municipal High Income ETF Stock Down 0.2%

The firm’s fifty day moving average is $46.79 and its two-hundred day moving average is $47.63.

First Trust Municipal High Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.1790 dividend. This represents a $2.15 dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from First Trust Municipal High Income ETF’s previous monthly dividend of $0.1780. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in First Trust Municipal High Income ETF by 10.2% during the second quarter. Envestnet Asset Management Inc. now owns 93,322 shares of the company’s stock valued at $4,525,000 after acquiring an additional 8,621 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of First Trust Municipal High Income ETF by 6.6% in the second quarter. Integrated Wealth Concepts LLC now owns 32,915 shares of the company’s stock worth $1,596,000 after purchasing an additional 2,049 shares during the last quarter. RFG Advisory LLC increased its holdings in shares of 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 worth $2,620,000 after purchasing an additional 11,299 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of 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 worth $14,391,000 after buying an additional 27,555 shares in the last quarter. Finally, Hedeker Wealth LLC boosted its stake in First Trust Municipal High Income ETF by 5.6% during the second quarter. Hedeker Wealth LLC now owns 10,518 shares of the company’s stock valued at $510,000 after buying an additional 558 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.