Advisory Services Network LLC Buys 4,692 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Advisory Services Network LLC lifted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMBGet Rating) by 16.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,696 shares of the company’s stock after buying an additional 4,692 shares during the period. Advisory Services Network LLC’s holdings in First Trust Managed Municipal ETF were worth $1,735,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA purchased a new stake in shares of First Trust Managed Municipal ETF during the first quarter valued at $26,000. Elequin Capital LP purchased a new stake in shares of First Trust Managed Municipal ETF during the fourth quarter valued at $64,000. Tyler Stone Wealth Management purchased a new stake in shares of First Trust Managed Municipal ETF during the fourth quarter valued at $127,000. O Dell Group LLC boosted its position in shares of First Trust Managed Municipal ETF by 41.7% during the first quarter. O Dell Group LLC now owns 2,547 shares of the company’s stock valued at $135,000 after buying an additional 750 shares during the last quarter. Finally, Greenwich Investment Management Inc. purchased a new stake in shares of First Trust Managed Municipal ETF during the fourth quarter valued at $201,000.

First Trust Managed Municipal ETF Stock Up 0.0 %

First Trust Managed Municipal ETF stock opened at $49.99 on Monday. First Trust Managed Municipal ETF has a one year low of $49.92 and a one year high of $57.40. The business’s fifty day moving average is $51.10 and its 200 day moving average is $51.55.

First Trust Managed Municipal ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 24th were given a $0.108 dividend. This represents a $1.30 annualized dividend and a yield of 2.59%. This is a boost from First Trust Managed Municipal ETF’s previous monthly dividend of $0.11. The ex-dividend date was Tuesday, August 23rd.

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

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