Royal Bank of Canada Sells 44,205 Shares of First Trust Managed Municipal ETF $FMB

Posted by George Bondi on Aug 6th, 2026

Royal Bank of Canada cut its stake in First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) by 9.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 416,337 shares of the company’s stock after selling 44,205 shares during the period. Royal Bank of Canada owned about 1.06% of First Trust Managed Municipal ETF worth $21,091,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FMB. Jane Street Group LLC grew its holdings in shares of First Trust Managed Municipal ETF by 2,668.1% during the 1st quarter. Jane Street Group LLC now owns 189,530 shares of the company’s stock valued at $9,557,000 after purchasing an additional 182,683 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of First Trust Managed Municipal ETF by 0.9% in the second quarter. Baird Financial Group Inc. now owns 30,995 shares of the company’s stock worth $1,544,000 after buying an additional 266 shares during the period. Qube Research & Technologies Ltd bought a new stake in shares of First Trust Managed Municipal ETF in the 2nd quarter valued at about $125,000. Main Street Financial Solutions LLC bought a new stake in shares of First Trust Managed Municipal ETF in the 2nd quarter valued at about $805,000. Finally, Raymond James Financial Inc. boosted its holdings in First Trust Managed Municipal ETF by 2.9% during the 2nd quarter. Raymond James Financial Inc. now owns 1,191,423 shares of the company’s stock valued at $59,357,000 after acquiring an additional 34,126 shares during the period.

First Trust Managed Municipal ETF Stock Performance

FMB opened at $50.50 on Thursday. The stock’s 50 day simple moving average is $51.06 and its 200 day simple moving average is $51.19. First Trust Managed Municipal ETF has a 1 year low of $49.49 and a 1 year high of $52.03.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a $0.157 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, July 21st.

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.