First Horizon Advisors Inc. Has $5.78 Million Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

First Horizon Advisors Inc. increased its stake in First Trust Managed Municipal ETF (NASDAQ:FMB) by 0.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 111,316 shares of the company’s stock after purchasing an additional 233 shares during the period. First Horizon Advisors Inc. owned approximately 0.28% of First Trust Managed Municipal ETF worth $5,784,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of FMB. Jane Street Group LLC bought a new stake in shares of First Trust Managed Municipal ETF during the first quarter worth about $15,269,000. CWA Asset Management Group LLC acquired a new position in First Trust Managed Municipal ETF in the 3rd quarter valued at approximately $13,088,000. Cetera Investment Advisers raised its stake in shares of First Trust Managed Municipal ETF by 246.7% during the first quarter. Cetera Investment Advisers now owns 252,562 shares of the company’s stock valued at $12,972,000 after acquiring an additional 179,710 shares during the last quarter. ARQ Wealth Advisors LLC bought a new stake in shares of First Trust Managed Municipal ETF in the first quarter worth $6,428,000. Finally, International Assets Investment Management LLC raised its position in First Trust Managed Municipal ETF by 5,096.0% during the 3rd quarter. International Assets Investment Management LLC now owns 114,208 shares of the company’s stock worth $5,934,000 after purchasing an additional 112,010 shares during the last quarter.

First Trust Managed Municipal ETF Trading Down 0.1 %

Shares of FMB stock opened at $51.47 on Thursday. The business’s 50 day simple moving average is $51.61 and its 200 day simple moving average is $51.42. First Trust Managed Municipal ETF has a one year low of $48.10 and a one year high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.139 per share. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust Managed Municipal ETF Company 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.