International Assets Investment Management LLC bought a new stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 181,613 shares of the company’s stock, valued at approximately $8,659,000. International Assets Investment Management LLC owned 1.64% of First Trust Municipal High Income ETF at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gradient Investments LLC raised its holdings in First Trust Municipal High Income ETF by 397.6% during the third quarter. Gradient Investments LLC now owns 1,020 shares of the company’s stock worth $46,000 after purchasing an additional 815 shares in the last quarter. Econ Financial Services Corp bought a new stake in shares of First Trust Municipal High Income ETF in the 3rd quarter worth $268,000. Chicago Partners Investment Group LLC lifted its holdings in shares of First Trust Municipal High Income ETF by 14.5% in the third quarter. Chicago Partners Investment Group LLC now owns 7,228 shares of the company’s stock valued at $321,000 after buying an additional 916 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in First Trust Municipal High Income ETF during the third quarter valued at about $435,000. Finally, Atria Wealth Solutions Inc. grew its holdings in First Trust Municipal High Income ETF by 6.7% during the third quarter. Atria Wealth Solutions Inc. now owns 9,984 shares of the company’s stock worth $450,000 after acquiring an additional 629 shares during the period.
First Trust Municipal High Income ETF Price Performance
Shares of NASDAQ FMHI opened at $47.76 on Tuesday. First Trust Municipal High Income ETF has a twelve month low of $43.88 and a twelve month high of $48.37. The firm has a 50-day moving average of $47.89 and a two-hundred day moving average of $47.16.
First Trust Municipal High Income ETF Dividend Announcement
First Trust Municipal High Income ETF 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.
Further Reading
- Five stocks we like better than First Trust Municipal High Income ETF
- Most active stocks: Dollar volume vs share volume
- 3 CEO-Led Turnaround Stocks You Can Still Buy
- With Risk Tolerance, One Size Does Not Fit All
- 3 Value Stocks You Can Buy Before They Become Big
- Business Services Stocks Investing
- Chinese Stocks Stage Impressive Rebound
Receive News & Ratings for First Trust Municipal High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Municipal High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.