Vise Technologies Inc. grew its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) by 16.9% in the 3rd quarter, Holdings Channel reports. The fund owned 198,683 shares of the company’s stock after buying an additional 28,790 shares during the period. Vise Technologies Inc.’s holdings in First Trust Managed Municipal ETF were worth $9,509,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the business. Coyle Financial Counsel LLC increased its position in First Trust Managed Municipal ETF by 19.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 7,433 shares of the company’s stock worth $356,000 after purchasing an additional 1,229 shares in the last quarter. MGO One Seven LLC boosted its position in First Trust Managed Municipal ETF by 10.1% in the third quarter. MGO One Seven LLC now owns 110,305 shares of the company’s stock valued at $5,279,000 after buying an additional 10,128 shares in the last quarter. Avestar Capital LLC grew its stake in shares of First Trust Managed Municipal ETF by 63.7% during the third quarter. Avestar Capital LLC now owns 21,279 shares of the company’s stock worth $1,018,000 after buying an additional 8,283 shares during the last quarter. ERn Financial LLC grew its stake in shares of First Trust Managed Municipal ETF by 4.3% during the third quarter. ERn Financial LLC now owns 159,274 shares of the company’s stock worth $7,623,000 after buying an additional 6,505 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new stake in shares of First Trust Managed Municipal ETF during the third quarter worth $2,577,000.
First Trust Managed Municipal ETF Stock Performance
Shares of FMB opened at $49.42 on Monday. First Trust Managed Municipal ETF has a 52 week low of $47.38 and a 52 week high of $52.03. The stock has a fifty day moving average of $48.92 and a 200-day moving average of $50.59.
First Trust Managed Municipal ETF Announces Dividend
The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were issued a $0.1590 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, October 21st.
First Trust Managed Municipal ETF Profile
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.
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