Tempus Wealth Planning LLC Sells 593 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Tempus Wealth Planning LLC reduced its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 5.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,614 shares of the company’s stock after selling 593 shares during the quarter. Tempus Wealth Planning LLC’s holdings in First Trust Managed Municipal ETF were worth $545,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FMB. Truist Financial Corp lifted its holdings in First Trust Managed Municipal ETF by 6.2% during the third quarter. Truist Financial Corp now owns 265,005 shares of the company’s stock worth $12,953,000 after acquiring an additional 15,573 shares during the period. VitalStone Financial LLC increased its position in First Trust Managed Municipal ETF by 60.2% in the third quarter. VitalStone Financial LLC now owns 2,787 shares of the company’s stock worth $137,000 after buying an additional 1,047 shares during the last quarter. Westside Investment Management Inc. increased its position in First Trust Managed Municipal ETF by 0.6% in the third quarter. Westside Investment Management Inc. now owns 65,550 shares of the company’s stock worth $3,204,000 after buying an additional 400 shares during the last quarter. PFS Partners LLC increased its position in First Trust Managed Municipal ETF by 0.4% in the third quarter. PFS Partners LLC now owns 222,567 shares of the company’s stock worth $10,879,000 after buying an additional 893 shares during the last quarter. Finally, Fragasso Group Inc. purchased a new stake in First Trust Managed Municipal ETF in the third quarter worth $293,000.

First Trust Managed Municipal ETF Stock Performance

NASDAQ:FMB traded up $0.13 during trading hours on Thursday, reaching $51.25. The stock had a trading volume of 69,509 shares, compared to its average volume of 154,808. The stock has a 50 day simple moving average of $51.03 and a 200 day simple moving average of $51.26. First Trust Managed Municipal ETF has a 12-month low of $48.08 and a 12-month high of $51.77.

First Trust Managed Municipal ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.137 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

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.