First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Purchased by Stewardship Advisors LLC

Stewardship Advisors LLC lifted its stake in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,036 shares of the company’s stock after acquiring an additional 3,511 shares during the period. First Trust Municipal High Income ETF accounts for approximately 0.8% of Stewardship Advisors LLC’s holdings, making the stock its 28th biggest position. Stewardship Advisors LLC owned approximately 0.37% of First Trust Municipal High Income ETF worth $2,803,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in First Trust Municipal High Income ETF by 4.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,521,354 shares of the company’s stock valued at $75,155,000 after purchasing an additional 59,086 shares in the last quarter. Financial Partners Group Inc lifted its holdings in shares of First Trust Municipal High Income ETF by 7.4% in the third quarter. Financial Partners Group Inc now owns 235,646 shares of the company’s stock valued at $11,641,000 after buying an additional 16,285 shares during the period. NewEdge Advisors LLC boosted its stake in First Trust Municipal High Income ETF by 561.0% during the second quarter. NewEdge Advisors LLC now owns 188,505 shares of the company’s stock valued at $9,109,000 after buying an additional 159,987 shares in the last quarter. HighTower Advisors LLC grew its holdings in First Trust Municipal High Income ETF by 186.1% during the third quarter. HighTower Advisors LLC now owns 172,366 shares of the company’s stock worth $8,513,000 after acquiring an additional 112,110 shares during the period. Finally, Atlas Private Wealth Advisors raised its position in First Trust Municipal High Income ETF by 6.6% in the fourth quarter. Atlas Private Wealth Advisors now owns 169,954 shares of the company’s stock worth $8,207,000 after acquiring an additional 10,463 shares in the last quarter.

First Trust Municipal High Income ETF Stock Performance

NASDAQ:FMHI opened at $48.19 on Friday. The company has a 50-day moving average of $48.54 and a 200-day moving average of $48.83. First Trust Municipal High Income ETF has a twelve month low of $47.28 and a twelve month high of $49.51.

First Trust Municipal High Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be given a $0.163 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.96 annualized dividend and a yield of 4.06%.

First Trust Municipal High Income ETF Company Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.