First Trust Managed Municipal ETF $FMB Shares Sold by TL Private Wealth

Posted by Stanley Muller on Oct 13th, 2026

TL Private Wealth trimmed its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) by 61.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,953 shares of the company’s stock after selling 11,020 shares during the quarter. TL Private Wealth’s holdings in First Trust Managed Municipal ETF were worth $334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Friday Financial boosted its holdings in First Trust Managed Municipal ETF by 4.2% during the third quarter. Friday Financial now owns 37,373 shares of the company’s stock worth $1,800,000 after purchasing an additional 1,519 shares during the last quarter. Insight Wealth Strategies LLC increased its stake in First Trust Managed Municipal ETF by 3.4% in the 3rd quarter. Insight Wealth Strategies LLC now owns 28,905 shares of the company’s stock valued at $1,383,000 after buying an additional 963 shares during the last quarter. First Heartland Consultants Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 3rd quarter worth approximately $8,478,000. Financial Enhancement Group LLC lifted its position in shares of First Trust Managed Municipal ETF by 14.7% during the 3rd quarter. Financial Enhancement Group LLC now owns 10,095 shares of the company’s stock worth $482,000 after buying an additional 1,297 shares in the last quarter. Finally, CoreCap Advisors LLC boosted its stake in shares of First Trust Managed Municipal ETF by 11.9% in the 3rd quarter. CoreCap Advisors LLC now owns 8,826 shares of the company’s stock worth $422,000 after buying an additional 940 shares during the last quarter.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB stock traded up $0.16 during trading on Tuesday, hitting $48.21. The company’s stock had a trading volume of 254,115 shares, compared to its average volume of 206,525. The business has a fifty day moving average of $49.37 and a 200-day moving average of $50.45. First Trust Managed Municipal ETF has a 52 week low of $47.38 and a 52 week high of $52.03.

First Trust Managed Municipal ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1590 dividend. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.1580. This represents a $1.91 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, September 24th.

About First Trust Managed Municipal ETF

(Free Report)

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.