Larson Financial Group LLC Buys 3,531 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Larson Financial Group LLC increased its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 27.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 16,173 shares of the company’s stock after purchasing an additional 3,531 shares during the period. Larson Financial Group LLC’s holdings in First Trust Managed Municipal ETF were worth $926,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Weitzel Financial Services Inc. lifted its stake in shares of First Trust Managed Municipal ETF by 7,179.1% in the 2nd quarter. Weitzel Financial Services Inc. now owns 1,784,988 shares of the company’s stock valued at $30,984,000 after purchasing an additional 1,760,466 shares during the last quarter. CWA Asset Management Group LLC raised its stake in shares of First Trust Managed Municipal ETF by 113.8% in the second quarter. CWA Asset Management Group LLC now owns 1,248,489 shares of the company’s stock valued at $68,758,000 after acquiring an additional 664,565 shares during the period. UBS Group AG lifted its holdings in shares of First Trust Managed Municipal ETF by 26.0% in the 1st quarter. UBS Group AG now owns 1,976,578 shares of the company’s stock worth $111,538,000 after acquiring an additional 408,472 shares during the last quarter. Pinnacle Advisory Group Inc. boosted its stake in shares of First Trust Managed Municipal ETF by 37.1% during the 1st quarter. Pinnacle Advisory Group Inc. now owns 643,975 shares of the company’s stock worth $36,339,000 after purchasing an additional 174,333 shares during the period. Finally, Cambridge Investment Research Advisors Inc. bought a new position in First Trust Managed Municipal ETF during the 2nd quarter valued at about $7,483,000.

Shares of NASDAQ:FMB traded down $0.01 during trading hours on Wednesday, hitting $57.29. 400 shares of the company’s stock traded hands, compared to its average volume of 174,996. First Trust Managed Municipal ETF has a 1 year low of $55.28 and a 1 year high of $57.84. The business has a fifty day moving average price of $57.50 and a 200-day moving average price of $57.12.

The business also recently announced a monthly dividend, which was paid on Tuesday, August 31st. Shareholders of record on Wednesday, August 25th were paid a $0.09 dividend. The ex-dividend date was Tuesday, August 24th. This represents a $1.08 dividend on an annualized basis and a yield of 1.89%.

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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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